What changed
The pool comprises 13,556 loans to 7,679 borrowers, with an average outstanding principal balance of $40,248 per borrower. Of the aggregate balance, $264,995,940 (85.74%) is tied to One-Month LIBOR and $44,067,021 (14.26%) to Treasury Bill rates. Accrued interest of $1,326,867 is to be capitalized as of the August 31, 2026 statistical disclosure date.
Why it matters
The pool comprises 13,556 loans to 7,679 borrowers, with an average outstanding principal balance of $40,248 per borrower. Of the aggregate balance, $264,995,940 (85.74%) is tied to One-Month LIBOR an