Cashflow Groups are designed to help the user specify specific cash flow streams to specific uses in the deal. The Cash Flow Groups are defined under the Collateral Editor, this is supported under all asset types.
Defining Cash Flow Groups (Loans will be used in the Example below.)
First, the user will define the Cashflow Groups under Loans, the user can define multiple loans under the same Cashflow Group, or leave it empty. Loans with empty cash flow groups will aggregate under No Group.
Allocating Cash Flows on Collection Account
The Cash Flow Groups defined under the collateral will appear in the Collection Accounts page, under the Cash Flow Allocation Table. Once the user toggles the collateral Attribute from Deal to Cashflow group, the table will open all the Cash Flow Groups defined, each group will display how many collateral streams it contains in brackets.
The user can create specific Collection Accounts to aggregate the stream of payments. See Collection Accounts for more details.
The user can always toggle the Attribute field back to Deal, all previous definitions will be saved when toggling back and forth. The cash flow will align with the option displayed in the table.
Dynamic Expressions The user can also utilize the Cash Flow Groups under Dynamic Expressions.
See Dynamic Expressions for more information.