Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of Morgan Stanley Research. Investors should consider Morgan Stanley Research as only a single factor in making their investment decision. For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report. June 30, 2025 01:19 PM GMT Morg ...

Securitization pools assets and repackages them into interest-bearing securities. https://t.co/ATSybD1f69 ...

5.67% average yield, 128 basis points lower than the previous ABS financing in January, AAA rating on the most senior bonds – a first for the CompanySAN CARLOS, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the issuance of $439 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. The offering included five classes of fixed rate notes: Class A, Class B, Class C ...

Core Insights - Point has completed a rated securitization of its Home Equity Investment (HEI) assets, issuing $248.6 million in asset-backed securities, marking its fourth rated securitization and fifth overall [1][2] - The transaction was significantly oversubscribed, attracting more than 8 times the initial offering, indicating strong investor interest in HEIs [2][3] - The HEI market has matured over the past 18 months, with issuance volume doubling and the number of transactions tripling in 2024, reflecting increased institutional recognition and investor confidence [3] Company Overview - Point is a leading home equity investment platform that has unlocked over $1.5 billion in home equity for more than 15,000 homeowners since its founding in 2015 [5] - The company's flagship product, the HEI, allows homeowners to access their equity without increasing monthly expenses, providing a solution for debt elimination and financial hardship [5] - Point is backed by prominent investors including Westcap, Andreessen Horowitz, and Blue Owl Capital, and is headquartered in Palo Alto, California [5] Industry Context - The HEI asset class is gaining traction, with the total volume of HEI-backed deals reaching $936 million across five transactions in the previous year, a significant increase from prior years [3] - The successful rating of multiple HEI-backed deals has established important benchmarks for credit quality and performance, indicating a shift from an emerging to an established asset class within alternative housing finance [3] - Blue Owl Capital, a significant player in the asset management space with $273 billion in assets under management, has co-sponsored multiple transactions with Point, reinforcing the growth potential of HEIs [6][4]

HOUSTON, June 4, 2025 /PRNewswire/ -- Third Coast Bank, a Texas banking association (the "Bank") and a wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "we" or "our"), today announced that it entered into a $150 million securitization transaction of certain commercial real estate loans (the "Mortgage Loans") originated by the Bank. EJF Capital LLC ("EJF Capital"), a global alternative asset management firm with approximately $5.3 billion assets under management as ...

UNIONDALE, N.Y., June 02, 2025 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR) today announced the closing of a unique build-to-rent loan securitization totaling approximately $802 million (the “Securitization”) on May 30, 2025. An aggregate of approximately $683 million of investment grade-rated notes were issued (the “Notes”) and Arbor retained subordinate interests in the issuing vehicle of approximately $119 million and approximately $41 million of the investment grade Notes. The funding struct ...

ROGERS, Ark., May 30, 2025 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”), announced today that it has completed a term securitization transaction involving the issuance of $216 million in principal amount of asset-backed notes with an overall weighted average coupon of 6.27%. ACM Auto Trust 2025-2 issued $165.18 million of Class A Notes and $50.82 million of Class B Notes. The Class A Notes have a coupon rate of 5.55% and the Class B Notes have a coupon rate ...

MCLEAN, Va., May 21, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the pricing of the Freddie Mac Seasoned Loans Structured Transaction Trust (SLST) Series 2025-1, a securitization of approximately $284.2 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned residential mortgage loans. The SLST program is a fundamental part of Freddie Mac's seasoned loan offerings which reduce less-liquid assets in its mortgage-related investment ...

New Fortress Energy (NFE) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Speaker0 Good day, and welcome to the NFE First Quarter twenty twenty five Earnings Call. Today's conference is being recorded. At this time, I will be handing the call over to Matt Reinhardt, Managing Director, for introductory remarks. Speaker1 Good afternoon, everyone. Thank you for joining today's conference call, where we will be discussing our first quarter twenty twenty five results. The call is being recorded and will be availa ...

NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- PK AirFinance (“PK” or the “Company”), a leading aviation lending platform and affiliate of Apollo (NYSE: APO), has closed its first aircraft loan asset-backed securitization of 2025: PK ALIFT LOAN FUNDING 6 Series 2025-1 (“PKAIR 2025-1”). PKAIR 2025-1 represents PK’s largest ABS transaction to date, issuing approximately $729 million of debt that will be used to acquire the rights to the economics of a portfolio of aviation loans. PK ALIFT 2025-1 marks PK’s third ...