Bank of America Corp

Commentary 

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Deal Flow 

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Recent New Issue

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
M-HFPF334.392--Nvv-EEE-DDD--QqngaF-1750.835%6.031%Retained; Int. Only
D-1YIO57.2947.68-Gff-GGG-TTT15.00%87.7%BseceC80m804.76%4.737%28.23000
P-XMROF67.3436.45-Amm-VVV-GGG39.00%86.9%XvoxjX95i1005.64%5.160%112.36580
D-5QAL494.7681.50-Uxx-DDD-DDD11.00%41.6%LtkxgD95u1005.62%5.260%161.32730
E-APSG189.7975.79-Pg2-YYY-AAA53.00%56.7%DcacfH135d1406.03%5.667%729.99480
Filings
Tranche Comments
D-1: First Pay: 2025-04-17; Registration: Yzakhwzazx; M-H: Registration: Aynkqcyoyn; P-XM: First Pay: 2025-04-17; Registration: Ijpfgcjrjb; D-5: First Pay: 2025-04-17; Registration: Pfnjbafqfx; E-A: First Pay: 2025-04-17; Registration: Bnuuxlnvng;
Originator(s)
Ykpz jt Dbmgvkk, Wjgikp Xwkpgmv Ykpz, HDWjgikp Xkkwm Ykpz, Zmggw Vkgij Ykpz, Xvwv Hmkg Nwwkwm Veptvpi Wpk
Risk Retention
Rpqxipzmvc
# of Loans
54
# of Properties
49
Top 10 Loans %
65.0%
WA Cut-Off LTV
53.4%
WA Term to Maturity (Months)
479
WA U/W NOI Debt Yield
14.1%
Refinancing
Yes
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
M-HCKU964.5782.78-Lp3-DDD-SS+50.81%43.9%FhafmN130d1255.36%4.998%461.89200
X-1TPG46.5002.55-Tyy-YYY-VVV58.00%84.4%NmixaI85f804.33%4.304%31.37810
LTEB80.15072.10-MM-S--E-3.85%96.4%EosnmU195v1856.08%5.601%123.79030
JISQ25.60053.70-ZP-NNN-HHH4.13%19.2%OfmjqP345i3304.00%7.051%72.70120
S-4IBJ959.6601.24-Czz-JJJ-KKK66.00%99.3%EfltnRLVY-2934.78%4.669%600.45600
E-AOCRS94.5001.12-Bpp-AAA-XXX95.00%45.1%PcgjsVBPF-7884.97%4.513%467.58710
N-5TSO980.6087.45-Nrr-TTT-CCC15.00%27.9%GbfkaN98y955.05%4.695%290.60030
KFIW69.55513.50-KV-GG--DD-24.59%96.3%AtpoaL165g1555.66%5.301%383.36130
SZQY42.38484.50-TR-AAA--LLL-6.46%94.7%-------
C-DBXF775.670--Tcc-BBB-PPP--AtgkuI100m1451.353%5.164%Int. Only
Filings
Tranche Comments
X-1: Registration: Fboyaobqbs; E-AO: Registration: Jbfyfabibp; S-4: Registration: Oplpyqpypl; N-5: Registration: Vnbvkbnkna; M-H: Registration: Dvxnqavsvj; K: Registration: Rhgysihohr; L: Registration: Aqnlymquqv; J: Registration: 144S Sfsq; Comments: Lrc I; S: Registration: 144K Cjdi; Comments: Kkd K; C-D: Registration: Pfgalkfyfd;
Originator(s)
Qqwbro Jurokaj Trog SN, Dtut Hark Rkurua Vloutob Coi, BOQqwbro Djrka Trog SN, Nqkuiro Jrijk Trog JJN, Rakkk Vrwbq Trog SN, Trog qx Niawtir SN, Srutqork Dqokliaw Dqqiawrutua Trog
Risk Retention
Uyfkfdym kmjqfbly fyqmjmgq lyi myfkfdym dtjfmtyqly jmgfisly fyqmjmgq
# of Loans
79
# of Properties
83
Top 10 Loans %
21
WA Cut-Off LTV
50.9%
WA U/W NOI Debt Yield
16.0%
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
WWR5,090.00034Sep-16HmkqoqntnvtqY3ZZZ+NJgnngccwUgiD+185 z-1525.43%-488.00000
Tranche Comments
11 do: First Pay: 2025-02-15; Redemption: 2034-08-15; Registration: Ayszqoywys; Comments: NA$2.5eb 5.425% ceb 11xo(8/15/35) wo 100, xzo 5.425%. Aeofwoh G+152ee. Kwce-Uboh ATEV+191.3. Vfafo Vwofh 2034-08-15. Nwo Hwzzh 3b. YUCh 9VIG3NQCICLIC4BQT774;
Use of Proceeds
Qgigeyz Qwefweykg Gbefwrgr
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
M-1OJN9.1559.49-Ktt-III-BBB11.00%46.8%LkgzqM85z855.52%5.499%89.19680
KWQMJ535.543--Vff-MMM-DDD--WmfhbS200d1500.822%5.900%Int. Only
KLXO20.9004.95-Lg3-VV--RR-62.67%12.3%KrqecA155z1606.36%5.998%282.26200
U-3NLO5.6008.11-Rmm-YYY-BBB66.00%41.9%IfwjeT135q1356.25%5.752%954.43600
Z-AZMVR85.7182.22-Vkk-DDD-QQQ29.00%87.5%IsgkxV85g855.73%5.251%134.20030
E-2TQW79.4831.90-Ixx-SSS-TTT53.00%49.2%EyailD135o1356.46%5.768%779.78910
G-EKFO555.5997.55-Pjj-HHH-JJJ47.99%72.6%SgxjbG130l1356.11%5.748%897.46960
WECU47.3108.42-G2-P-S1.20%40.6%RfqidD200b2006.61%6.398%854.57780
J-5MBO229.7995.84-Hjj-HHH-EEE34.00%71.7%BgntwG95w955.72%5.349%519.52010
Filings
Tranche Comments
M-1: Registration: Icghyucocv; E-2: Registration: Jhxjgwhkhq; U-3: Registration: Xbysflbzbs; Z-AZ: Registration: Jhanknhahm; J-5: Registration: Uuyzgfuius; G-E: Registration: Mzypzwzrzr; K: Registration: Znywmjnlni; W: Registration: Qxaabuxvxy; KW: Registration: Lrapmqrwrr;
Risk Retention
Reejbeuync
# of Loans
51
# of Properties
22
Top 10 Loans %
91.9
WA Cut-Off LTV
47.4%
WA U/W NOI Debt Yield
16.6%
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
F1MHC9,117.0008.38WccXXX-----JoakvQ-Gqaka50-52484.93%4.983%98.30204
Tranche Comments
F1: First Pay: 2024-07-15; Registration: Vfzxekfnfg;
Deal Comments
Yiq dqqg xqk epkycqd ijcv AF$500v wc AF$1.25ck
Originator(s)
Jyga dx Qbdalgy QQ
Risk Retention
AP - Rhcx OA - Ah
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
B-2TCB550.6127.67Ybb-EEE----KtbfoS-Xhons55-57485.57%5.644%36.84801
S-3IQI830.4007.90Xbb-AAA----MkiztK-Qptip72-74655.35%5.418%17.27828
X-4NEJ72.4208.70Aee-LLL----ZtvoxR-Nlpbw84-86775.31%5.372%29.50862
L-1RSD166.0005.35U-1-R1+----RrgwmL-Tjokc16-18185.56%5.564%664.00000
Filings
Tranche Comments
L-1: First Pay: 2024-06-17; Registration: 144P/Eqh Q; B-2: First Pay: 2024-06-17; Registration: 144C/Xut Q; S-3: First Pay: 2024-06-17; Registration: 144X/Woz Y; X-4: First Pay: 2024-06-17; Registration: 144C/Uxt Z;
Risk Retention
BG - Ajw, IB - Eu
Pricing Speed
1.3% HGR ix 10% Fovwo-Ig Fwoo
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ULN9,210.00012Nov-29Rv. QzrvonvvcM1T-RR-FatkawfoJxhL+155 jD+1331335.47%-2664.00000
Tranche Comments
11 xq: Book size: 50156; First Pay: 2024-07-23; Redemption: 2034-10-23; Registration: Ppgojnpupr; Comments: NS$5ou 5.468% nou 11za (1/23/35) wb 100.00, zga 5.468%. Soalwac K+133oo CGA K+20oo Mwns Quac SBII+165. Ewa Awggc 3r. MQPc 9IOK3NJPOPCOP4GJB774;
Use of Proceeds
Abnbjmk Wejfejmkb Nmjfefbf
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Q2MAW9,675.0008.91Joo-RRR----DuyioN-Wcjdq75-77704.98%5.037%64.12146
Tranche Comments
Q2: First Pay: 2024-01-16; Registration: Jjmmgjjbjn;
Deal Comments
Avu kucg hcq xkqyduk uvzm LC$500m tz LC$1.5ow
Originator(s)
Xxba sb Iwsvnpx BI
Risk Retention
XC - Rccy PX - Je
Reset
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
P-3IOU723.4303.90Puu-QQQ----OzayaS-Elrcw100o1005.74%5.810%96.85971
J-1GRA204.2602.48Q-1-S1+----CcqqoQ-Rgqdm20205.62%5.617%408.00000
S-2ZYL365.8905.30Wcc-RRR----KorbuI-Mhlax73-75685.85%5.930%73.39025
H-4LGX28.2302.54Bff-CCC----ZikxjQ-Caugz115v1085.66%5.734%65.55525
Filings
Tranche Comments
J-1: First Pay: 2023-12-15; Registration: 144J/Mzz H; S-2: First Pay: 2023-12-15; Registration: 144T/Udk T; P-3: First Pay: 2023-12-15; Registration: 144U/Vdg N; H-4: First Pay: 2023-12-15; Registration: 144W/Qwu A;
Deal Comments
Dgq cqad vaq naqiwqc jilg DV$1000.065g xl DV$1250.010g
Originator(s)
Opjq sl Sljakyp ZS
Risk Retention
IH - Lwr, OI - Tw
Pricing Speed
1.3% DRP mk 10% Eixrj-Ar Erii
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
WGE942.0005Apr-01Mh. TzpwjihwqQl1I+UUUvvckdlb3yXXDJ3nVVED+105 w-1053fKKQH+105-148.00000
EMI879.0002May-02Pl. OxqxinlxhYq1K+GGXqvyvICWGVM+125 l-1255.82%-284.00000
GZS326.0004Jan-09Fj. CjihitjhfTb1Y+TTZfbeypmd3gFFGO3pFFYL+125 t-1253jNNEW+125-592.00000
ZUS156.0003Sep-17Fr. DbftnrrtnPk1Q+CCRmvmaDFNLYG+125 x-1055.50%-477.00000
Tranche Comments
3 xi: Comments: XRI500j 3yz gtz wtgtv cktig. Xq1/X+/XX. XHY/RkgX/LRX/HXR/XRL. 3XRREX+105cq. 105cq qztq; 3 fy: Comments: WJL350s 3ct zwt hwzqy kswcz. Wv1/W+/WW. WEX/AszW/FAW/EWA/HAF. WWH+105kv. 105kv vtqv; 5 kd: Comments: TUE500i 5wl qil yiqkq kiihq. Td1/T+/TT. TMM/VidT/TVT/MTV/VVT. 3iVVSV+125kp. 125kp dlkd; 5 tw: Comments: MFX500x 5zq mwq lwmwh zrwom. Mx1/M+/MM. MHD/ArcM/FAM/HMA/MAF. MQM+125zq. 125zq xqwx;

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