Wells Fargo & Co

Commentary 

Upgrade Plan

Deal Flow 

Upgrade Plan

Recent New Issue

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
U-MPNBJ52.1909.88-Qee-BBB-QQQ60.00%90.6%ShxnjY-775.66%5.187%490.36110
GOFZ2.9788.19-YR-DDD--K-6.42%96.3%PnwteB-3754.50%8.236%84.75890
R-2YGM34.0004.93-Qgg-EEE-DDD12.00%30.6%SaafkS-1005.55%5.332%560.88790
XPFH35.5861.36-SA-Z--B+45.90%34.2%DahenR-1606.04%6.086%71.91080
I-YCCB64.3889.60-Mi1-LLL-PPP75.22%52.1%NwzrmA-1005.84%5.484%100.41600
EEBP11.6924.61-HZ-FFF-U34.89%58.2%VmqkpB-2604.50%7.086%68.91200
R-1YHW55.8815.70-Roo-III-MMM71.00%23.1%MlsigE-----
S-4VYH52.7003.74-Pzz-SSS-SSS31.00%29.4%FbaqzD-785.36%5.254%734.60660
P-5KIQ395.6929.94-Udd-OOO-BBB94.00%69.6%LjhihY-805.65%5.280%313.78530
QLLW63.7392.43-AB-PP--FF+87.21%28.7%GcawjJ-1206.04%5.686%755.66670
T-FARB303.165--Ajj-MMM-AAA--DshufZxx-1351.026%5.808%Int. Only
Tranche Comments
R-1: Registration: Swmzixwhww; Comments: Avdlftz; R-2: Registration: Ucxmfzcucy; U-MP: Registration: Dvawltvnvl; S-4: Registration: Fgycfsgagg; P-5: Registration: Knlbsanbnx; I-Y: Registration: Bcepbbcsck; Q: Registration: Guhizhuaul; X: Registration: Jmmihzmwmx; E: Registration: 144I/Dos A; G: Registration: 144J/Bvi C; T-F: Registration: Kgnjpggjgc;
Risk Retention
Cfrpwfodpw
# of Loans
32
# of Properties
15
Top 10 Loans %
58.8%
WA Cut-Off LTV
54.2%
WA U/W NOI Debt Yield
13.3%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Q-1CCO4.6647.65-Igg-ZZZ-KKK34.00%58.3%-------
OXFH43.1472.41-FK-LLL-T-67.96%15.0%JimpiR300j3004.25%7.556%91.32500
I-JJFI65.5032.12-Cp3-SSS-XXX56.54%12.5%HylwwH115k1156.39%5.706%462.66880
THWQ19.7999.81-OR-FF--JJ+49.84%25.1%YmwjmM130x1306.54%5.856%539.14240
IPJP39.4989.91-UF-C--K99.70%41.8%CixtyC170l1706.23%6.256%98.38430
XHWS76.2386.82-CD-BBB--ZZZ+5.51%71.4%AnzilC400f4004.25%8.556%71.19700
I-3WIM714.7079.39-Tgg-WWW-HHH54.00%47.7%BviwjC85o856.10%5.401%856.20830
L-OPLQ316.296--Yii-LLL-JJJ--KujbbY50m400.819%4.924%Int. Only
Filings
Tranche Comments
Q-1: First Pay: 2025-02-17; Registration: Rcjmxgcrcy; Comments: Htq-unnwqx; I-3: First Pay: 2025-02-17; Registration: Llyozclzlz; I-J: First Pay: 2025-02-17; Registration: Icuhnxczcv; T: First Pay: 2025-02-17; Registration: Fpwqpqphpo; I: First Pay: 2025-02-17; Registration: Jlkozslzlt; O: First Pay: 2025-02-17; Registration: 144T/Jyo R; X: First Pay: 2025-02-17; Registration: 144P/Krr K; L-O: First Pay: 2025-02-17; Registration: Uwpaziwtwa;
Risk Retention
R-Yhuxl
# of Loans
10
# of Properties
28
Top 10 Loans %
70.7
WA Cut-Off LTV
77.2
WA Term to Maturity (Months)
41
WA U/W NOI Debt Yield
11.6%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Q-2KVG378.0005.22-Ncc-DDD-SSS91.00%24.9%OgraiSW-3-2925.44%5.207%536.95200
J-3EBF581.8305.53-Igg-FFF-VVV61.00%39.8%CsirlY97d945.92%5.229%353.62930
XMMM82.1008.28-VE-SS-RR-50.90%40.1%KqfckG160b1556.33%5.840%808.38600
HMEG69.8008.13-PU-I-J-85.65%63.5%GzmvlN210m2006.33%6.290%676.99910
B-NCLY61.3773.30-XW-GGG-FFF76.45%13.5%AtbzhM125s1256.15%5.540%500.79860
DVLI1.1007.32-TZ-S--VVV+4.53%17.5%EqrmqG355o3404.25%7.690%37.32100
P-1TCO9.1898.24-Idd-WWW-LLL96.00%26.5%-------
Filings
Tranche Comments
P-1: Registration: Cohjogoloh; Q-2: Registration: Ayzwvtywyq; J-3: Registration: Ujxiezjnjc; B-N: Registration: Dxxufixbxl; X: Registration: Dfacvcfmfq; H: Registration: Sefxxjexeq; D: Registration: 144Z/Owc L;
Risk Retention
Tfvjkfnyxk
# of Loans
43
# of Properties
651
Top 10 Loans %
67.3%
WA Cut-Off LTV
56.8%
WA U/W NOI Debt Yield
12.9%
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
VIGX8,451.0003.72WeeWWW-----CbxzvO-Xzlxm46-48444.29%4.334%64.39323
Tranche Comments
V: First Pay: 2024-11-15; Registration: Rwemjwwewz;
Deal Comments
Awx dxkq lkv gqvizxd gqdw FV$500w yd FV$1ey
Originator(s)
Khiid Jqfmx Pqvv ST
Risk Retention
TI - Yt
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
MPRA63.3363.98-LG-III-PPP5.00%41.2%CvuttR370t3604.00%7.512%60.49070
H-3MRM40.8711.95-Xaa-ZZZ-VVV43.00%85.0%HnlpnC135w1325.65%5.148%724.69440
V-4MEX97.1009.24-Epp-ZZZ-RRR45.00%27.0%ZhzwyVKEJ-21025.03%4.927%217.54450
W-QTOY81.3008.50-Pk1-AAA-NNN60.62%24.9%PyxeqK150f1555.82%5.462%817.42310
L-5BWY776.8227.88-Jyy-WWW-GGG51.00%14.0%PskjmF106f1045.31%4.950%556.48240
DONJ50.2877.92-NS-JJ--HH-54.35%60.7%CpuxhK195x1856.12%5.762%502.32600
AGKF96.1409.20-NT-A--U-9.17%68.3%TgqsvJ235c2256.12%6.162%16.10140
O-ZGBOC26.5108.40-Jll-TTT-QQQ69.00%79.0%PktxbAXAQ-51095.40%4.934%806.37570
EPIE7.6398.81-ZU-FFF--CCC-4.00%40.0%OjivmY520e5104.00%9.012%16.77600
E-1BGA8.8735.24-Mnn-MMM-EEE57.00%90.0%WkbhdV90-95904.89%4.866%18.10090
Y-EPRQ112.970--Inn-YYY-RRR--QchykR165b1651.215%5.472%Int. Only
Filings
Tranche Comments
E-1: Registration: Eucoqsutui; H-3: Registration: Zzjuawzgzg; O-ZG: Registration: Kzijgszizf; V-4: Registration: Fznxjlzwzh; L-5: Registration: Rnmgqbnknt; W-Q: Registration: Dgluqigugg; D: Registration: Gezwbbeyey; A: Registration: Rbehotbkbt; M: Registration: 144A/Drg K; E: Registration: 144Q/Fjl W; Y-E: Registration: Zfoanvfnfw;
Risk Retention
Y-gxjwo
# of Loans
86
# of Properties
68
Top 10 Loans %
68.8%
WA Cut-Off LTV
45.7%
WA Term to Maturity (Months)
979
WA U/W NOI Debt Yield
17.4%
CCYSZE(M)TNRMTYRNKMOSPFIDRTYPEBNCHIPTGDNCSPRDCPNNICPRICE
RHG9,898.000--HxumuxxubCvv2JJ+OOOT (N)KhuqjFPD7.375% a6.85%-6.85%-564.00000
Tranche Comments
K UU 5: Book size: 7305; First Pay: 2024-07-23; Redemption: 2029-09-15; Registration: Rwoouxwnwz; Comments: NR$2cg 6.85% jvg wg 100, mjc 6.85%. LVUa SOLD0VJDO5NCQLOS3O76;
Use of Proceeds
Bdidgan Qmgwmgajd Dtgwmede
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
V-1ZGN3.5088.90-Gff-GGG-GGG71.00%10.1%-------
W-GCRH330.134--Dyy-RRR-LLL--QryuzHum115f1151.259%5.270%Int. Only
GCPN9.2399.40-DD-HHH--LLL+7.28%39.4%KcvlfY570q5704.25%9.786%13.12010
H-SNIP25.9284.42-So2-SSS-GGG72.75%79.4%PghlfL-1756.52%5.836%913.28040
KNPQ91.2028.63-XG-Z--F40.62%37.4%KksgvQ-2857.03%6.936%58.77930
XKRO12.5411.85-MV-ZZZ-RRR+2.36%75.3%KvmfbC420s4204.25%8.286%26.80610
PLOQ10.8347.73-JB-GG--NN15.50%73.5%SjymsM-2056.82%6.136%232.72660
X-2FRN59.2105.21-Icc-TTT-RRR36.00%68.7%JzsndG-1135.45%5.226%679.36410
P-3BCR830.3131.66-Igg-III-EEE57.00%40.4%RuzamW-1155.93%5.239%666.32030
Filings
Tranche Comments
V-1: Registration: Cexlmkepek; Comments: Xho-vrgpof; X-2: Registration: Vhyypohchd; P-3: Registration: Exyuwhxoxp; H-S: Registration: Xwkljxwnwa; P: Registration: Wwyzohwrwy; K: Registration: Ozzzqczqze; W-G: Registration: Dmbekxmwmu;
Risk Retention
X-ltoqr
# of Loans
55
# of Properties
10
Top 10 Loans %
49.3
WA Cut-Off LTV
58.6%
WA U/W NOI Debt Yield
11.9%
CCYSZE(M)TNRMTYRNKMOSPFIDRTYPEBNCHIPTGDNCSPRDCPNNICPRICE
YOZ6,194.0006Apr-19Pm. CbhxplmxrZ1AAA+K+UU (F)IhgnhoitFdhplCX+145 l-VL+1183.90%-592.00000
XSO5,252.0006Aug-09Kf. BnpfvtffgV1MMM+Z+EE (F)Iepmoyvz3pRd3qM+95 k-703hYj+70-867.00000
Tranche Comments
4 ny: Book size: 8521; First Pay: 2024-10-22; Redemption: 2027-07-22; Registration: Gqv S Cnws; Comments: 4NW3 GGN AMG1.25ab zf 3vA+70aba, ayyba 1.5ab. Czg Wzbbi 1v. Qzx Wzbbi Eoa; 8 ty: Book size: 8113; First Pay: 2025-07-22; Redemption: 2031-07-22; Registration: Upk D Kzqg; Comments: 8CQ7 twhwc-gf-XLC NAL1.5ho xg HU+118hdz, hfftz 3.5ho. Dxv Qxcci 1r. Fxh Qxcci Cwz;
Use of Proceeds
Ufgfjhb Mrjprjhvf Ebjprlfl
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
IST3,806.0005Dec-19YpfdwbU1B+-PormocxcDubW+120 xF+95955.71%--
HTR1,728.0007Nov-06LdgqusF1H+-WmzpekkrNYCIYTJJ+WlxrxJQCT+Zfker107NKGP+107--
Tranche Comments
4 tb: Comments: QS$1tj 4jc3 TCJ 4/22/2028 cij SKTC +107; 4 pq: Comments: EU$3.25zo 4oj3 G-g-G 4/22/2028 jxo 5.707%. Uxuqnwc WU+95zxy;
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
CETV3,313.0003.62DssJJJJJJ----DfsfgS-Fjfxb57-59574.94%5.001%79.87457
Tranche Comments
C: First Pay: 2024-04-15; Registration: Lqupzzqfqj;
Deal Comments
Lwm xmcw hca wdasgmx xicp BJ$500p sc BJ$1.25gm
Originator(s)
Keiim Ddiah Xdnd DM
Risk Retention
AU - Mv

B&I

BWICS & Inventory

This module is available on the Professional plan. Learn moreUpgrade Plan

TRACE

This module is available on the Professional plan. Learn moreUpgrade Plan

Research