Credit Support
Overcollateralization
Also known as: OC
status: draft
Collateral value or balance in excess of funded debt. A pool funded at 85% has 15% overcollateralization before other reserves or enhancement.
What to watch
OC can be static, target-based, or built through trapped excess spread. Each version affects liquidity differently.
Referenced in 47 topics
ABF as an asset class for portfolio construction playbooks Accessing insurance capital for originators playbooks Accounts and cash management mechanics Advance rates and the borrowing base mechanics Advanced waterfall mechanics mechanics Back leverage (provider perspective) capital-sources Broadly syndicated loan CLOs asset-classes Calculation agents and data agents counterparties Cash flow modeling accounting-valuation Cash operations and waterfall execution operations-lifecycle Collateralized loan obligations (CLOs) structures Container leases asset-classes CRE CLOs asset-classes Credit analysis accounting-valuation Deal structures asset-classes Distressed market playbook market-landscape Entity-level triggers mechanics Evaluating portfolio quality and performance playbooks Market data and public datasets market-landscape Middle market CLOs asset-classes Music royalties and content IP asset-classes NAIC designations and regulatory framework capital-sources Performance triggers mechanics Personal / unsecured consumer loans asset-classes Portfolio monitoring for ABF funds operations-lifecycle Pricing and relative value accounting-valuation Private placement / bespoke structures structures Private placement memorandum (PPM) documentation Protecting your position in distress playbooks Rated note feeders structures Recognizing distress early playbooks Revolving, prefunding, and reinvestment mechanics Sample waterfall appendix Selecting a fund administrator playbooks Structural tests (OC/IC) mechanics Structuring deals for investor appeal playbooks Term securitization (ABS/MBS) structures Term sheet anatomy documentation The waterfall mechanics Timeshare receivables asset-classes Top capital provider mistakes playbooks Treasury management for multi-facility originators playbooks Trigger negotiation strategies mechanics Trigger remediation strategies mechanics Triggers, tests, and performance events mechanics Waiver, amendment, or acceleration playbooks When things go wrong playbooks