There are two types of securitized assets: those that come as pools and those that have tranches. In a pool securitization, investors are equal and share all of the risks. If the pooled security ...
Total hard credit enhancement will represent 4.5% of the note balance, and initial reserves amounting to 2.0% of the pool.
Itau Asset Management, the biggest private-credit fund manager in Brazil, is betting on securitized products as a way to help ...
First, we capitalized on favorable market conditions by completing four securitization transactions ... and we retained the highest-yielding tranches for our investment portfolio.
Borrowers are considered prime in this pool, but Fitch Ratings notes that delinquency rates have been increasing since 2022.