The obligors' non-investment grade credit quality could present challenges to the timely repayment of notes. Yet PREF focused ...

Investors and analysts see pockets of value in asset-backed securities, as elevated fiscal policy uncertainty and wariness ...

Just 2.15% of the loans in the pool financed properties in Los Angeles County, and the surrounding areas that have been impacted by the recent wildfires.

Outstanding loans eligible for repossession in December 2022 saw a 22.5% increase from December 2019, but redemptions were higher than pre-pandemic levels.