Loan Participation Portfolio: LP#
|
|
- Mitchell Knight
- 6 years ago
- Views:
Transcription
1 6801 Parkwood Page 1 Boulevard Plano TX Loan Participation Portfolio: LP# Please read all information for specific details and instructions A well-capitalized credit union located in the southern central US is offering a pool of Fixed Mortgage Loans for sale through Catalyst Corporate Federal Credit Union s loan participation program. The portfolio is offered on a Non-Recourse basis. Loan Portfolio Highlights As of 12/18/2017 Current Portfolio Balance (100%): $ 21,069, Seller Retention # of Loans in Portfolio Retained by Seller: $ 2,106, % 40 Amount Available for Sale: $ 18,962, Minimum Avg./ Wtd. Average Maximum Original Loan Balances $ 128, $ 538, $ 1,512, Original Term Original Loan to Value 62% 80% 100% Current Loan Balances $ 122, $ 526, $ 1,512, Current Remaining Term Loan Interest s 3.63% 3.82% 4.50% Current Loan to Value 62% 77% 80% Combined Loan to Value 62% 91% 100% Gross WAC: 3.82% Net WAC: 3.57% Servicing:.25% Wtd. Avg. Rem. Term: 353 mos. Wtd. Avg. Loan Age: 7 mos. Loan / Pool Parameters Loan Participation Highlights The information herein is believed to be reliable and has been obtained from sources believed to be reliable. Catalyst Corporate Federal Credit Union (Catalyst) makes no representation as to the accuracy or completeness of such information. Prospective buyers of this loan participation must conduct their own independent due diligence review and make a decision accordingly. Catalyst does not render legal or accounting advice. The buyers and seller are solely responsible for the accounting and legal requirements associated with this transaction. 100% Full Documentation 100% Single Family 100% Primary Home 80% Maximum Current Loan to Value (PMI) not required Very Strong credit quality. Weighted Average credit score = 757. Weighted Average DTI Top Ratio: 20.82% Bottom Ratio: 32.42% Excellent credit performance. Charge offs for 2016 and 2017 have been zero. Seller is located in a growing region with solid economic activity. Experienced loan participation seller.
2 Page 2 WTD. AVG. PASS THROUGH INTEREST RATE: 3.57% PURCHASE PRICE: CREDIT UNION BUYERS YIELD: 3.625%* Minimum Purchase Amount: 90% Carve outs available for purchases of $5 million or more. (Pricing subject to profile of carve out portfolio) Projected Settlement Date: February 2018 Please see Bloomberg Yield Analysis and Yield Table screenshots on page 9 for price/yield calculations. The pool has a 6.37 year weighted average life based on 12 CPR projected prepayment speed. Loan Participation Details Non- Recourse: Buyers assume their pro rata share of the credit risk in the portfolio. Losses for 2016 and 2017 have been zero. Annualized net charge offs are projected to be minimal at 10 basis points. Clean Up call = 5%. When the remaining par balance outstanding falls below 5% of the original 100% portfolio balance the participation may be paid off by the seller. Due Diligence: A complete package of due diligence information is available including a random sample of loans. Additional loan files are available upon request. Please Submit a Completed Confidentiality Agreement to Review the Due Diligence Information. Loan Participation Agreement: The seller has provided a loan participation agreement which is included with the due diligence information. Buyers should review this document in conjunction with the due diligence review. Catalyst has not reviewed the terms of this agreement as it relates to buyer and seller rights and responsibilities.
3 Page 3 Purchase Commitment Process: o o o Purchase Commitments are accepted on a first come first served basis. A Purchase Commitment Form is provided with the due diligence packet. Upon completion of your review, please submit your purchase commitment to Catalyst Corporate via to loanparticipations@catalystcorp.org. Accrued Interest at Settlement: Buyers will pay their pro rata share of accumulated accrued interest on the loans as of the cut-off date calculated using the pass through interest rate for the number of days in which interest has accrued for each loan. Principal and Interest: Paid monthly. Pass-through interest rate is the actual loan interest minus 25 bps servicing fee. The actual pass through rate will vary based on the composition of the loan pool. The Net Weighted Average Interest was 3.57% as of the 12/18/17 data file. Monthly Reporting and Remittances: The selling credit union will provide the monthly remittances and reporting to each credit union buyer by the 18th of each month (If the 18th falls on a Saturday, Sunday or Holiday, the reports and remittances will be provided the prior working day). Loan portfolio stratification reports begin on page 6.
4 Page 4 Risk Considerations The following summary is not a complete list of all possible risks. The items mentioned below represent a general summarization of potential risks. This summary is not meant to replace the deliberate due diligence mechanisms of the buyer. GENERAL ECONOMIC CONDITIONS The performance of the loans may vary depending upon regional and national economic factors, such as unemployment rates, employment conditions, interest rates, bankruptcy rates, and similar factors that affect the ability of consumers to meet their debt obligations. PREPAYMENTS - In the event and to the extent that a prepayment is paid, prepayments will prematurely reduce the Portfolio s outstanding principal balance and thus reduce the Portfolio s interest earning ability. The greater the amount of prepayment, the lower the Portfolio s return will be. Prepayments cannot be controlled by the seller or servicer and much of the performance results are dependent upon current economic conditions. LOAN LOSSES - The following information is provided to assist in interpreting loan loss statistical information with respect to the Portfolio. o Loan losses can be calculated annually or cumulatively. Cumulative loan loss is found by calculating the percentage of original loan amount that results in loan loss from inception to the Portfolio s final maturity (when no active loans remain). o Annualized loss rates are useful for determining the impact of losses on the Portfolio s yield as well as determining the timing and amount of the allowance for loan loss funding. Annualized loan loss can be determined by calculating the percentage of a Portfolio s average yearly balance that results in loan loss. o Economic Climate - high unemployment and low interest rates are two leading factors that affect prices and therefore loan losses. Loan Participation Disclosures The information contained in this Offering does not constitute an offer or solicitation to anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Past performance does not guarantee future performance. Calculations or projections included in this Offering are for illustrative purposes only and are not guaranteed to be accurate or complete. Unauthorized downloading, re-transmission, storage in any medium, copying, redistribution, reproduction, or republication for any purpose of the information contained in this Offering is strictly prohibited. Catalyst Corporate Federal Credit Union is not responsible for any damages (direct, indirect, special, economic, or consequential) in respect of any use of this Offering and any of its content. Catalyst Corporate Federal Credit Union (Catalyst Corporate) does not service or guarantee the performance of the loans. Any questions or concerns about the loan participation portfolio (including due diligence information, when it is provided) must be discussed with the credit union seller and resolved BEFORE submitting a purchase order. (Seller contact information is provided with the due diligence packet)
5 Page 5 Loan Participation Instructions and Information If you are interested in pursuing a purchase of this loan participation: 1. Submit a completed Confidentiality Agreement / Indication of Interest Form for access to the due diligence information. This form may be found on Catalyst Corporate s website at source/forms/confidentiality agreement.pdf?sfvrsn=6. Please send the form to Catalyst Corporate via to loanparticipations@catalystcorp.org. 2. Upon receipt of the executed form, Catalyst Corporate will provide access to the Loan Participation functions in TranZact, which houses the due diligence information. You will receive instructions from a Catalyst Corporate team member regarding set-up and access. 3. The due diligence information will be available through February 15, Once you have completed your review, you may submit your Purchase Commitment Form to Catalyst Corporate via to loanparticipations@catalystcorp.org. This form is included with the due diligence information. Purchase Commitment Forms will be accepted on a first come first served basis until the balance available for sale has been sold. 5. All purchase orders shall be deemed unconditional and irrevocable offers to purchase on the terms identified herein, and in accordance with the terms and conditions set on Loan Participation Agreement that is included with the due diligence information. 6. All offers are subject to acceptance by the selling credit union. Settlement A signed and executed copy of each buyer(s) Loan Participation Agreement must be provided to Catalyst Corporate before settlement can take place. After agreements are received from all buyers (signed by seller), we will request an updated portfolio from the seller for a final review and notify all parties (via ) with the anticipated settlement date and final settlement amount. Updated portfolio balances reflecting principal reductions from the original data file thru the final data file will be used for settlement. Catalyst Corporate FCU - Loan Participation Team Loan Participations: option 6 Jeff Hamilton: loanparticipations@catalystcorp.org jhhamilton@catalystcorp.org
6 Page 6 Stratification Reports PORTFOLIO SUMMARY Description Minimum Average / Weighted Average Maximum Original Loan Balances 128, , ,512, Current Loan Balances 122, , ,512, Interest 3.63% 3.82% 4.50% Original Term Remaining T erm Loa n to Va lue 62.15% 79.95% % Combined Loan to Value 62.15% 90.84% % Current Loan Balances 61.57% 77.50% 80.00% Bottom Debt Ratio 14.80% 32.42% 50.40% STRATIFICATION BY CREDIT SCORE Level # of Loans Current Balance % of Loan LT V ,355, % 3.69% 80.00% , % 4.00% 79.73% ,222, % 3.91% 80.00% and above 31 16,085, % 3.82% 79.95% 352 STRATIFICATION BY CURRENT BALANCE Current Balance of Loan # of Loans Current Balance % of Loan Term $50, $99, % 0.00% 0 0 $100, $199, , % 4.18% $200, $299, ,073, % 4.12% $300, $399, ,588, % 3.87% $400, $499, ,854, % 3.84% $500, $599, ,640, % 3.74% $600, $699, , % 3.63% $700, $799, ,533, % 3.88% $800, $899, ,673, % 3.69% $900, $999, , % 3.88% $1,000, $1,499, ,344, % 3.84% $1,500, $1,999, ,512, % 3.63% STRATIFICATION BY ORIGINAL TERM No. Months in Original T e rm # of Loa ns Curre nt Ba la nce % of Loa n Term % STRATIFICATION BY REMAINING TERM No. Months Remaining # of Loans Current Balance % of Loan ,333, % 3.85% ,735, % 3.82% Totals
7 Page 7 STRATIFICATION BY RATE Interest # of Loans Current Balance % of Loan 3.50% % 8 5,333, % 3.63% % % 19 10,754, % 3.82% % % 11 4,597, % 4.02% % % 1 261, % 4.38% % % 1 122, % 4.50% STRATIFICATION BY PROPERTY DESCRIPTION Model Year # of Loans Current Balance % of Loan Weighted Avg LTV C 5 2,619, % 3.71% % P 18 8,649, % 3.88% % SF 17 9,800, % 3.81% % STRATIFICATION BY LOAN CATEGORY Model Year # of Loans Current Balance % of Loan Weighted Avg LTV 30 YEAR FIXED 3.82% % STRATIFICATION BY LT Origination LTV # of Loans Current Balance % of Loan 60% - 65% 1 862, % 3.63% % - 70% % 0.00% % - 75% % 0.00% % - 80% 35 19,079, % 3.83% % - 85% % 0.00% % - 90% 2 743, % 3.63% % - 95% 1 122, % 4.50% % and above% 1 261, % 4.38% STRATIFICATION BY Combined LTV LT V # of Loa ns Curre nt Ba la nce % of Loa n 60% - 65% 1 862, % 3.63% % - 70% % 0.00% % - 75% % 0.00% % - 80% 6 3,047, % 3.74% % - 85% 1 416, % 3.75% % - 90% 7 3,625, % 3.68% % - 95% 19 11,384, % 3.88% % and above 6 1,734, % 4.05% STRATIFICATION BY Current LTV LT V # of Loans Current Ba la nce % of Loa n 60% - 65% 2 1,187, % 3.63% % - 70% 1 261, % 4.37% % - 75% 3 1,539, % 3.79% % - 80% 34 18,081, % 3.83%
8 Page 8 STRATIFICATION BY BOTTOM DEBT RATIO Debt Ratio # of Loans Current Balance % of Loan 0.00% - 25% 10 4,777, % 3.84% % - 30% 7 2,967, % 3.80% % - 35% 6 4,824, % 3.80% % % 8 3,133, % 3.83% % - 45% 7 4,048, % 3.83% % - 50% 1 1,056, % 3.75% % - 55% 1 261, % 4.38% STRATIFICATION BY TOP DEBT RATIO Debt Ratio # of Loans Current Balance % of Loan 0.00% - 25% 30 15,106, % 3.84% % - 30% 8 5,100, % 3.78% % - 35% 1 122, % 4.50% % % 1 740, % 3.75%
9 Page 9
Loan Participation Portfolio: LP#
6801 Parkwood Page 1 Boulevard Plano TX 75024 800.442.5763 www.catalystcorp.org Loan Participation Portfolio: LP# 18 075 Please read all information for specific details and instructions A well-capitalized
More informationLoan Participation Portfolio: LP#
6801 Parkwood Page 1 Boulevard Plano TX 75024 800.442.5763 www.catalystcorp.org Loan Participation Portfolio: LP# 18-158 Please read all information for specific details and instructions A well-capitalized
More informationWhat is Loan Participation?
What is Loan Participation? Molly Snody Director in Marketing and Business Development Molly.Snody@Loan-Street.com 717-896-8466 www.loan-street.com Background & Bio LoanStreet, Inc is an innovative loan
More informationBuying On LoanStreet
Buying On LoanStreet Molly Snody Director in Marketing and Business Development Molly.Snody@Loan-Street.com 717-896-8466 www.loan-street.com Background & Bio LoanStreet, Inc is an innovative loan participation
More informationLoan Participations Market Update
Loan Participations Market Update Jeff Miller Managing Director Jeff.miller@Loan-Street.com 908-313-8614 www.loan-street.com October 23, 2018 Background LoanStreet is an innovative loan participation platform
More informationMultifamily Securitization Small Balance Loan Program (SB-Deals) As of September 30, 2017
Multifamily Securitization Small Balance Loan Program (SB-Deals) As of September 30, 2017 Table of Contents Freddie Mac Multifamily SB-Deals Business Introduction... Freddie Mac Multifamily Small Balance
More informationAnalyzing Loan Participations
Analyzing Loan Participations Reviewing Summary Deal Terms Summer 2017 To effectively market and sell a significant volume of consumer loans financial institutions, including credit unions, often aggregate
More informationSelling Loans on LoanStreet
Selling Loans on LoanStreet Ian Lampl CEO & Co-Founder Ian.lampl@Loan-Street.com 646-780-0920 www.loan-street.com Management team Ian Lampl, CEO Deputy Chief Counsel, Office of Financial Stability TARP
More informationFHLB Symposium. Scott Buchta Head: Fixed Income Strategy. Tuesday, August 21st, 2018 Indianapolis Tuesday August 28 th, 2018 Grand Rapids
FHLB Symposium Scott Buchta Head: Fixed Income Strategy Tuesday, August 21st, 2018 Indianapolis Tuesday August 28 th, 2018 Grand Rapids FIStrategy@breancapital.com Table of Contents I. Housing Market Overview
More informationWells Fargo Bank, N.A. General Information Statement
The following information should be considered in conjunction with the Prior Securitized Pool reports: General Information Statement. The performance information for Prior Securitized Pools is based upon
More informationWells Fargo Bank, N.A. General Information Statement
The following information should be considered in conjunction with the Prior Securitized Pool reports: General Information Statement. The performance information for Prior Securitized Pools is based upon
More informationThe following information concerning Wells Fargo Bank s prior originations and purchases of Prime Adjustable-Rate Loans is included in this file:
The following information concerning Wells Fargo Bank s prior originations and purchases of Prime Adjustable-Rate Loans is included in this file: summary information regarding original characteristics
More informationEuropean DataWarehouse
European DataWarehouse Due Corporate Diligence Presentation using ED Cloud October Pro 2014 Webinar November 2016 Draft European Framework for Simple, Transparent and Standardised Securitisation (STS)
More informationCanadian Pacer Auto Receivable Trust Monthly Investor Report
Canadian Pacer Auto Receivable Trust 20182 I. INITIAL PARAMETERS US Amount CDN Amount # of Receivables Weighted Avg. Remaining Term Initial Pool Balance (at Cutoff Date) N/A 753,849,799.26 37,592 51 Months
More informationSecuritized Term Auto Receivables Trust Monthly Investor Report
Securitized Term Auto Receivables Trust 20171 I. INITIAL PARAMETERS US Amount CDN Amount # of Receivables Weighted Avg. Remaining Term Initial Pool Balance (at Cutoff Date) 1,129,060,116.86 56,508 46 months
More informationBen Lemoine Institutional Advisor Darcy Weeks Manager, Investment Operations
Ben Lemoine Institutional Advisor Darcy Weeks Manager, Investment Operations 1 Permissible Credit Union Investments Investment Cash Flow Characteristics Prepayment Speeds Price/Yield Inverse Relationship
More informationWells Fargo Bank, N.A. General Information Statement As of 5/1/2006
The following information should be considered in conjunction with the Prior Securitized Pool reports: General Information Statement As of //. The performance information for Prior Securitized Pools is
More informationTerm Sheet. March 27, 2007
Term Sheet Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-2 Trust WaMu Asset Acceptance Corp. Depositor Washington Mutual Mortgage Securities Corp. Seller Washington Mutual Bank
More informationGuaranteed Fannie Mae GeMS TM REMIC
Guaranteed Fannie Mae GeMS TM REMIC Fannie Mae REMIC Trust 2011-M8 Structural and Collateral Term Sheet $719,043,287 (Approximate Offered Certificates) Fannie Mae Pass-Through Certificates Series 2011-M8,
More informationSecuritized Term Auto Receivables Trust Monthly Investor Report
Securitized Term Auto Receivables Trust 20181 I. INITIAL PARAMETERS US $ Amount CDN $ Amount # of Receivables Weighted Avg. Remaining Term Initial Pool Balance (at Cutoff Date) $739,058,504.34 35,794 47
More informationFANNIE MAE POOLTALK FREQUENTLY ASKED QUESTIONS (FAQ s) April 2017
FANNIE MAE POOLTALK FREQUENTLY ASKED QUESTIONS (FAQ s) April 2017 Listed below are common questions on the functionality and reporting in PoolTalk, and other common questions related to the Mortgage-Backed
More informationInvoice Finance. General Conditions
Invoice Finance General Conditions 1 Contents CONDITIONS APPLICABLE TO ALL FACILITIES... 4 1. Period of the Agreement... 4 2. Sale and purchase of Debts... 4 3. Trusts... 4 4. Schedules... 4 5. Approval
More informationFreddie Mac Multifamily Securitization Small Balance Loan (FRESB) as of June 30, 2016
Freddie Mac Multifamily Securitization Small Balance Loan (FRESB) as of June 30, 2016 Table of Contents Freddie Mac Multifamily Business Key Facts 2016 YTD Multifamily Review Small Balance Loan (SBL) Business
More informationForm 15 Loan Purchase Statement Fixed-Rate Cash
Seller Name Any Town Mortgage Company Seller 123456 Organization ID 54321 Seller Address 5000 Main Street Building A Suite 100, City ST 01234 Form 15 Loan Purchase Statement Fixed-Rate Cash Contract Name
More informationSBA Securities A Strategic Addition to your Portfolio
Objectives History & Characteristics SBA Securities A Strategic Addition to your Portfolio Fred Eisel Chief Investment Officer Investment Guidelines & Analysis Examples Other considerations & best practices
More informationSmith Asset Management Co., LLC
Smith Asset Management Co., LLC 322 E. Park Ave. Chiefland, FL 32626 Telephone: 352-493-7700 Facsimile: 352-490-5337 February 8, 2018 FORM ADV PART 2A BROCHURE This brochure provides information about
More informationKelly Community Federal Credit Union External Account Funds Transfer Disclosure
External Account Funds Transfer Agreement This External Account Funds Transfer Agreement sets forth the terms and conditions under which Kelly Community Federal Credit Union (Us, We, Our, the Credit Union)
More informationSMB Private Education Loan Trust 2018-B
SMB Private Education Loan Trust 2018-B Monthly Servicing Report Distribution Date 03/15/2019 Collection Period 02/01/2019-02/28/2019 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2018-B
SMB Private Education Loan Trust 2018-B Monthly Servicing Report Distribution Date 04/15/2019 Collection Period 03/01/2019-03/31/2019 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationCanadian Pacer Auto Receivable Trust Monthly Investor Report
I. INITIAL PARAMETERS US Amount CDN Amount # of Receivables Weighted Avg. Remaining Term Initial Pool Balance (at Cutoff Date) N/A 753,849,799.26 37,592 51 Months Original Securities Note Interest Rate
More informationSMB Private Education Loan Trust 2017-A
SMB Private Education Loan Trust 2017-A Monthly Servicing Report Distribution Date 08/15/2018 Collection Period 07/01/2018-07/31/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationAn Introduction to Small Business Administration Floating Rate Securities
An Introduction to Small Business Administration Floating Rate Securities March 2018 Benjamin M. Clark Portfolio Strategies Group FTN Financial Outline 1. SBA securitization programs 2. Brief history of
More informationSMB Private Education Loan Trust 2017-B
SMB Private Education Loan Trust 2017-B Monthly Servicing Report Distribution Date 03/15/2019 Collection Period 02/01/2019-02/28/2019 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2018-C
SMB Private Education Loan Trust 2018-C Monthly Servicing Report Distribution Date 03/15/2019 Collection Period 02/01/2019-02/28/2019 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2018-C
SMB Private Education Loan Trust 2018-C Monthly Servicing Report Distribution Date 04/15/2019 Collection Period 03/01/2019-03/31/2019 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationCanadian Pacer Auto Receivable Trust Monthly Investor Report
I. INITIAL PARAMETERS US Amount CDN Amount # of Receivables Weighted Avg. Remaining Term Initial Pool Balance (at Cutoff Date) N/A 798,433,012.68 47,314 45 Months Original Securities Note Interest Rate
More informationNavient Private Education Refi Loan Trust 2018-D
Navient Private Education Refi Loan Trust 2018-D Monthly Servicing Report Distribution Date 04/15/2019 Collection Period 03/01/2019-03/31/2019 Navient Credit Funding, LLC - Depositor Navient Solutions
More informationNavient Private Education Loan Trust 2017-A
Navient Private Education Loan Trust 2017-A Monthly Servicing Report Distribution Date 04/15/2019 Collection Period 03/01/2019-03/31/2019 Navient Credit Funding, LLC - Depositor Navient Solutions - Servicer
More informationFreddie Mac Structured Agency Credit Risk Securitized Participation Interests STACR SPI SM Series 2017-SPI1
Freddie Mac Structured Agency Credit Risk Securitized Participation Interests STACR SPI SM Series 2017-SPI1 October 2017 Disclaimer Notice to United States Investors: This document is not an offer to sell
More informationUsing Loan Participations as part of Liquidity Management
Jeff Hamilton Vice President, Member Credit The Liquidity Landscape Review of Loan Participations Using Loan Participations as part of Liquidity Management 2 1 Hi,. I m from the government and I m here
More information$195,473,000 (Approximate) Multifamily Mortgage Pass-Through Certificates, Series 2017-SB29 FRESB 2017-SB29 Mortgage Trust issuing entity
$195,473,000 (Approximate) Multifamily Mortgage Pass-Through Certificates, Series 2017-SB29 FRESB 2017-SB29 Mortgage Trust issuing entity J.P. Morgan Chase Commercial Mortgage Securities Corp. depositor
More informationFirst Quarter 2018 Investor Presentation
First Quarter 2018 Investor Presentation May 9, 2018 Legal Disclaimer FORWARD-LOOKING STATEMENTS. Certain statements in this presentation may constitute forward-looking statements within the meaning of
More informationSaxon Asset Securities Trust
External Parties Seller Saxon Funding Management Inc Servicer(s) Saxon Mortgage Services, Inc. Underwriter(s) Morgan Stanley Morgan Stanley Swap Counterparty MorganStanleyCapitalSrv Inc Table of Contents
More informationCapital Mortgage Series
Cover - Page 1 INVESTORS REPORT - Payment Date: 30/07/2018 Capital Mortgage Series 2007-1 Euro 1,736,000,000 Class A1 Asset Backed Floating Rate Notes due January 2047 Euro 644,000,000 Class A2 Asset Backed
More informationFourth Quarter 2017 Investor Presentation
Fourth Quarter 2017 Investor Presentation March 16, 2018 Legal Disclaimer FORWARD-LOOKING STATEMENTS. Certain statements in this presentation may constitute forward-looking statements within the meaning
More informationUsing Volume to Confirm Price Trend. Confirmed Up Trend
Using Volume to Confirm Price Trend Today s Trading Forum is going to focus on using volume in conjunction with price trend. Volume is a valuable trading tool that can be used to confirm the price trend
More informationFinancial Instruments
IFRS 9 Financial Instruments In April 2001 the International Accounting Standards Board (the Board) adopted IAS 39 Financial Instruments: Recognition and Measurement, which had originally been issued by
More informationAllowable Investments Under The Texas Public Funds Investment Act
Allowable Investments Under The Texas Public Funds Investment Act December 2017 Benjamin M. Clark SVP Portfolio Strategies Houston, TX Objectives of this Session Understand the General Requirements of
More informationInvestment Insights What are US commercial mortgage-backed securities (US CMBS)?
Investment Insights What are US commercial mortgage-backed securities (US CMBS)? Introduction US Commercial mortgage-backed securities (US CMBS) are bonds collateralized by commercial real estate loans
More informationPublic Benefit Entity International Financial Reporting Standard 9 Financial Instruments (PBE IFRS 9)
EXPOSURE DRAFT NZASB 2016-7 Public Benefit Entity International Financial Reporting Standard 9 Financial Instruments (PBE IFRS 9) Issued [Date] This [draft] 1 Standard was issued on [Date] by the New Zealand
More informationSBA 504 Funding Process The Small Business Window to Wall Street. Frank Keane DCF LLC Fiscal Agent April 28, 2015
SBA 504 Funding Process The Small Business Window to Wall Street Frank Keane DCF LLC Fiscal Agent April 28, 2015 From Borrowers to Investors: The Process Issuer and Trustee (BNYM) Debentures Certificates
More informationRULEBOOK LuxSE SECURITIES OFFICIAL LIST (SOL)
RULEBOOK LuxSE SECURITIES OFFICIAL LIST (SOL) 1. PREAMBLE 1.1 The Luxembourg Stock Exchange (LuxSE) offers the possibility to admit Securities (as defined below) to its official list without admission
More informationCanadian Pacer Auto Receivable Trust Monthly Investor Report
Canadian Pacer Auto Receivable Trust 20171 Foreign Currency Exchange Rate (US 1.00 = CDN x.xxxx) 1.2159 I. INITIAL PARAMETERS US Amount CDN Amount # of Receivables Weighted Avg. Remaining Term Initial
More informationLoan Originator Compensation and Steering Prohibitions. Branch Originations March 2011
Loan Originator Compensation and Steering Prohibitions Branch Originations March 2011 Regulation Z - Loan Originator Compensation Truth in Lending Act, Regulation Z amendments on loan originator compensation
More informationNewGen Trading Fund Equity long-short trading strategy
NewGen Trading Fund Equity long-short trading strategy Disclaimer The information in this document is furnished on a confidential basis exclusively for your use and retention and, by accepting this document,
More informationSecurity Capital Assurance Ltd Structured Finance Investor Call. August 3, 2007
Security Capital Assurance Ltd Structured Finance Investor Call August 3, 2007 Important Notice This presentation provides certain information regarding Security Capital Assurance Ltd (SCA). By accepting
More informationSMB Private Education Loan Trust 2016-A
SMB Private Education Loan Trust 2016-A Monthly Servicing Report Distribution Date 08/15/2018 Collection Period 07/01/2018-07/31/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2016-A
SMB Private Education Loan Trust 2016-A Monthly Servicing Report Distribution Date 09/17/2018 Collection Period 08/01/2018-08/31/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationStatement to Securityholder. Capital Auto Receivables Asset Trust
Deal Information 1. Distribution Summary Deal: Asset Type: Consumer Retail 2. Factor Summary 3. Interest Summary Initial Closing Date: 6/26/2013 4. Collections and Distributions Bloomberg Ticker: AFIN
More informationHow does the mortgage process actually work?
How does the mortgage process actually work? SUMMARY Property Appraisal & Title Search How much is this home actually worth? 1. Application 2. Pre-Approval 3. Property Appraisal 4. Underwriting 5. Final
More informationSMB Private Education Loan Trust 2016-A
SMB Private Education Loan Trust 2016-A Monthly Servicing Report Distribution Date 12/17/2018 Collection Period 11/01/2018-11/30/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationFannie Mae GeMS TM Guaranteed REMIC FANNIE MAE MULTIFAMILY REMIC TRUST 2017-M10 Structural and Collateral Term Sheet
FANNIE MAE MULTIFAMILY REMIC TRUST 2017-M10 Structural and Collateral Term Sheet $873,048,171 (Approximate Offered Certificates) Fannie Mae Series 2017-M10, Class AV1 and AV2 Certificates August 7, 2017
More informationCapital Mortgage Series
Cover - Page 1 INVESTORS REPORT - Payment Date: 30/04/2013 Capital Mortgage Series 2007-1 Euro 1,736,000,000 Class A1 Asset Backed Floating Rate Notes due January 2047 Euro 644,000,000 Class A2 Asset Backed
More informationSMB Private Education Loan Trust 2016-B
SMB Private Education Loan Trust 2016-B Monthly Servicing Report Distribution Date 01/15/2019 Collection Period 12/01/2018-12/31/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2016-B
SMB Private Education Loan Trust 2016-B Monthly Servicing Report Distribution Date 02/15/2019 Collection Period 01/01/2019-01/31/2019 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2016-C
SMB Private Education Loan Trust 2016-C Monthly Servicing Report Distribution Date 04/15/2019 Collection Period 03/01/2019-03/31/2019 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2017-A
SMB Private Education Loan Trust 2017-A Monthly Servicing Report Distribution Date 02/15/2018 Collection Period 01/01/2018-01/31/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2017-A
SMB Private Education Loan Trust 2017-A Monthly Servicing Report Distribution Date 01/16/2018 Collection Period 12/01/2017-12/31/2017 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More information$153,548,344 Freddie Mac
Offering Circular Supplement (To Offering Circular Dated June 1, 2010) $153,548,344 Freddie Mac Multiclass Certificates, Series 4295 Offered Classes: REMIC Classes shown below and MACR Classes shown on
More information1
June 24, 2008 Credit FAQ: The Basics Of Credit Enhancement In Securitizations Primary Credit Analyst: Scott Mason, New York (1) 212-438-2539; scott_mason@standardandpoors.com Media Contact: Adam M Tempkin,
More informationSMB Private Education Loan Trust 2018-A
SMB Private Education Loan Trust 2018-A Monthly Servicing Report Distribution Date 05/15/2018 Collection Period 03/21/2018-04/30/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2016-A
SMB Private Education Loan Trust 2016-A Monthly Servicing Report Distribution Date Collection Period 10/01/2017-10/31/2017 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and Administrator
More informationGuaranteed Mortgage Pass-Through Certificates
Supplement to Prospectus Supplement dated June 01, 2009 Guaranteed Mortgage Pass-Through Certificates (Adjustable-Rate Residential Mortgage Loans) THE CERTIFICATES AND PAYMENTS OF PRINCIPAL AND INTEREST
More informationGuaranteed Multifamily REMIC Pass-Through Certificates
Multifamily REMIC Prospectus The Certificates Guaranteed Multifamily REMIC Pass-Through Certificates We, the Federal National Mortgage Association, or Fannie Mae, will issue the guaranteed multifamily
More informationStatement to Securityholder. Capital Auto Receivables Asset Trust
Deal Information 1. Distribution Summary Deal: Asset Type: Consumer Retail 2. Summary 3. Interest Summary Initial Closing Date: 6/26/2013 4. Collections and Distributions Bloomberg Ticker: AFIN 2013-2
More informationSaxon Asset Securities Trust
Saxon Asset Securities Trust 27-3 October 25, 27 Distribution External Parties Seller Saxon Funding Management Inc Servicer(s) Saxon Mortgage Services, Inc. Underwriter(s) Morgan Stanley Morgan Stanley
More informationSMB Private Education Loan Trust 2016-C
SMB Private Education Loan Trust 2016-C Monthly Servicing Report Distribution Date 09/17/2018 Collection Period 08/01/2018-08/31/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2016-C
SMB Private Education Loan Trust 2016-C Monthly Servicing Report Distribution Date 04/16/2018 Collection Period 03/01/2018-03/31/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationInvesting in Mortgage-Backed Securities
Investing in Mortgage-Backed Securities Scott Wood Portfolio Strategist September 20, 2018 Securities offered through ProEquities, Inc., a registered Broker-Dealer and Member of FINRA and SIPC. Protective
More informationSLM Private Education Student Loan Trust 2012-C
SLM Private Education Student Loan Trust 2012-C Monthly Servicing Report Distribution Date 11/15/2017 Collection Period 10/01/2017-10/31/2017 Navient Funding, LLC - Depositor Navient Solutions - Servicer
More informationSpread and Volatility April 2013
April 213 contact Asia Pacific +852.2846.35 Canada +1.416.874.9 EMEA +44.2.767.4 United States +1.212.588.4 info@itg.com www.itg.com Spread and Volatility April 213 VIX fluctuated widely in April while
More informationSunTrust Auto Receivables Trust
Presale: SunTrust Auto Receivables Trust 2015-1 Primary Credit Analyst: Jennie P Lam, New York (1) 212-438-2524; jennie.lam@standardandpoors.com Secondary Contact: Ines A Beato, New York (1) 212-438-9372;
More informationSaxon Asset Securities Trust
External Parties Seller Saxon Funding Management Inc Servicer(s) Saxon Mortgage Services, Inc. Underwriter(s) Morgan Stanley Swap Counterparty Morgan Stanley Cap Counterparty Morgan Stanley Table of Contents
More informationThird Quarter 2018 Investor Presentation
Third Quarter 2018 Investor Presentation November 7, 2018 Legal Disclaimer FORWARD-LOOKING STATEMENTS. Certain statements in this presentation may constitute forward-looking statements within the meaning
More informationFannie Mae Structured Pass-Through Certificates
Structural and Collateral Term Sheet As of Fannie Mae Structured Series 2011-M2, Class A1, A2, A3, FA and AB Certificates Transaction (Approximate) Lead Manager & Bookrunner Co-Manager Fannie Mae GeMS
More informationWMIH CORP. Amendment of Series B Convertible Preferred Stock. December 12, 2017
WMIH CORP. Amendment of Series B Convertible Preferred Stock December 12, 2017 Forward-Looking Statements This document and the information contained herein do not constitute an offer to sell or the solicitation
More informationNavient Student Loan Trust
Navient Student Loan Trust 2017-3 Monthly Servicing Report Distribution Date 04/25/2019 Collection Period 03/01/2019-03/31/2019 Navient Funding, LLC - Depositor Navient Solutions - Master Servicer and
More informationSLM Private Education Student Loan Trust 2012-B
SLM Private Education Student Loan Trust 2012-B Monthly Servicing Report Distribution Date 11/15/2018 Collection Period 10/01/2018-10/31/2018 Navient Funding, LLC - Depositor Navient Solutions - Servicer
More informationSLM Private Education Student Loan Trust 2012-B
SLM Private Education Student Loan Trust 2012-B Monthly Servicing Report Distribution Date 12/17/2018 Collection Period 11/01/2018-11/30/2018 Navient Funding, LLC - Depositor Navient Solutions - Servicer
More informationSaxon Asset Securities Trust
External Parties Seller Saxon Funding Management Inc Servicer(s) Saxon Mortgage Services, Inc. Underwriter(s) Morgan Stanley Morgan Stanley Swap Counterparty MorganStanleyCapitalSrv Inc Table of Contents
More informationIS YOUR INSTITUTION AN INTEREST RATE RISK OUTLIER?
IS YOUR INSTITUTION AN INTEREST RATE RISK OUTLIER? What s at Risk? Examination teams from the OCC, FDIC, NCUA and other regulatory bodies are on the lookout for interest rate risk outliers. It s more important
More informationOPTAVIA National Convention 2018 Early Bird Registration Giveaway Official Terms and Conditions
OPTAVIA National Convention 2018 Early Bird Registration Giveaway Official Terms and Conditions NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN THIS GIVEAWAY. VOID WHERE PROHIBITED OR RESTRICTED
More informationSMB Private Education Loan Trust 2015-C
SMB Private Education Loan Trust 2015-C Monthly Servicing Report Distribution Date 09/17/2018 Collection Period 08/01/2018-08/31/2018 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSMB Private Education Loan Trust 2015-C
SMB Private Education Loan Trust 2015-C Monthly Servicing Report Distribution Date 04/15/2019 Collection Period 03/01/2019-03/31/2019 SMB Education Funding LLC - Depositor Sallie Mae Bank - Servicer and
More informationSecurity-Level Disclosure
Security-Level Disclosure Attribute Names & s Freddie Mac provides loan-level information at PC issuance and on a monthly basis for all newly issued fixed-rate and adjustable-rate mortgage () PC securities
More informationEverest REIT Investors
Everest REIT Investors 199 SOUTH LOS ROBLES AVENUE, SUITE 200 PASADENA, CALIFORNIA 91101 TEL (626) 585-5920 FAX (626) 585-5929 To the Shareholders of Hines Global REIT, Inc. May 7, 2018 RE: NOTIFICATION
More information$511,429,982 (Approximate) Multifamily Mortgage Pass-Through Certificates, Series 2018-SB49 FRESB 2018-SB49 Mortgage Trust issuing entity
$511,429,982 (Approximate) Multifamily Mortgage Pass-Through Certificates, Series 2018-SB49 FRESB 2018-SB49 Mortgage Trust issuing entity J.P. Morgan Chase Commercial Mortgage Securities Corp. depositor
More informationLong Beach Mortgage Loan Trust
External Parties Seller Long Beach Mortgage Servicer(s) JPMorgan Chase Bank,NA Underwriter(s) Deutsche Banc Alex Brown Table of Contents Page 1. Certificate Payment Report 2 2. Collection Account Report
More informationS&P/TSX Preferred Share Index Methodology
S&P/TSX Preferred Share Index Methodology S&P Dow Jones Indices: Index Methodology May 2016 Table of Contents Introduction 3 Partnership 3 Highlights 3 Eligibility Criteria 4 Index Eligibility 4 Eligibility
More informationSinepia DAC Investor Report EUR 647,770, Notes due July 2035 Payment Date: 18-Jan-17 Cash Manager: HSBC Bank plc
Sinepia DAC Investor Report EUR 647,770,761.00 Notes due July 2035 Payment Date: 18-Jan-17 Cash Manager: HSBC Bank plc Contents Page Transaction Details 3 Bond Report 4 Issuer Account Balances 5 Available
More information