Gemini Prime Trust 2025-1 - Representations & Warranties - Fitch Research

Gemini Prime Trust 2025-1 - Representations & Warranties

Gemini Prime Trust 2025-1 - Representations & Warranties - Fitch Research
Gemini Prime Trust 2025-1 - Representations & Warranties
Published May 06, 2025
6 pages (3664 words) — Published May 06, 2025
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Brief Excerpt:

...Gemini Prime Trust 2025-1 The representations, warranties and enforcement (RW&E) mechanisms contained in the transaction's offering documents that are available to investors for Gemini Prime Trust 2025-1 are substantially comparable with those typically contained in Australian RMBS transactions, as described in Fitch Ratings' research, Representations, Warranties and Enforcement Mechanisms in Global Structured Finance, dated September 2024. The RW&Es that are available to investors and that were disclosed in the transaction's offering documents for Gemini Prime Trust 2025-1 and that relate to the underlying asset pool are included below. Originator Representations and Eligibility Criteria The Originator represents and warrants that as of the Cut-Off Date for each Receivable which is a Trust Receivable, that housing loan is an Eligible Receivable. A Receivable is an "Eligible Receivable" on any day if it complies with each of the following criteria on that day: (a) (Origination Standards)...

  
Report Type:

Representations and Warranties

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MLA:
Fitch Research. "Gemini Prime Trust 2025-1 - Representations & Warranties" May 06, 2025. Alacra Store. May 13, 2025. <http://www.alacrastore.com/fitch-credit-research/Gemini-Prime-Trust-2025-1-Representations-Warranties-RPT_10304502>
  
APA:
Fitch Research. (2025). Gemini Prime Trust 2025-1 - Representations & Warranties May 06, 2025. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/fitch-credit-research/Gemini-Prime-Trust-2025-1-Representations-Warranties-RPT_10304502>
  
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