Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» TGI Fridays’ Troubles Impacting Whole-Business ABS
Looking to read the full article? Subscribe today!
TGI Fridays’ Troubles Impacting Whole-Business ABS
November 7, 2024
Brandon Ivey
S&P downgraded its ratings of a whole-business securitization from TGI Fridays, noting that cash flows are plummeting and the deal looks likely to default by early 2025.
Inside MBS & ABS
ABS
Issuers
Ratings
Performance
Purchase this article for $55.00
Subscribe To The Newsletter
Latest Imf News
Primary MI Share Shifts Toward Government in 3Q
Ginnie Could Face Leadership Gap in Trump Transition
Smaller Nonbanks Largely Maintain Profitability in 3Q
Cherry Hill REIT Shifts to Internal Management, Ditching Middleman
More Imf News
Featured Data
GSE Earnings Resilient in a Tight Housing Market
Banks Generate Small 3Q24 Gains in Mortgage Banking
Refinance Loans Surge in October Agency Market
Refi Volume Spikes in Third Quarter, UWM Stands Out
More Featured Data
Featured Reports
Top Mortgage Players: 2Q24 (PDF)
Mortgage Profitability Report 2Q24 (PDF)
Agency Channel Analysis: 3Q24 (PDF)
IMF Mortgage Directory: Full interactive database
More Latest Reports
Featured Poll
The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?
Yes, but only a few positions.
Yes, we’re expecting a boom!
No. In fact, we’re still downsizing.
No. We’re staffed just right.
View Results