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  "presentationDate": "2024-01-01 00:00:00",
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      "text": "Initial Class A Hard Credit Enhancement 6.00% 6.00% 5.25% 5.25% 5.35% 5.25% 5.25% 5.25% 5.25% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 1.00% 1.00% 0.25% 0.25% 0.35% 0.25% 0.25% 0.25% 0.25% 2023-B 2023-A 2022-A 2021-A 2020-A 2019-B 2019-A 2018-B 2018-A Reserve Subordination",
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      "text": "95.00% Class B notes (\"AA\") 3.00% Class C notes (\"A\") 2.00% Reserve Account 0.25%* Excess Spread Initial Overcollateralization 0.00%",
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      "text": "Target OC is the sum of:\nYield supplemental overcollateralization (YSOC)\n2.0% of initial adjusted pool balance\nExcess of 1.5% of current pool balance over reserve account",
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      "text": "Overcollateralization (OC) builds to a target amount:\nTarget OC amount is reached before any funds are released to the residual interest",
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      "kind": "list",
      "text": "Credit enhancement largely consistent over the life of the program:\nSubordination of junior notes\nCash reserve\nExcess spread (used to build target overcollateralization)",
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      "text": "Senior / subordinate, sequential pay structure",
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      "text": "* The reserve account will be funded on the closing date in an amount equal to at least 0.25% of the initial adjusted pool balance",
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