{
 "meta": {
  "period": "H1 2026",
  "periodFrom": "2026-01-01",
  "periodTo": "2026-06-30",
  "generatedAt": "2026-08-09T19:50:41.573Z",
  "methodologyVersion": "1.0",
  "minSampleFloor": 30,
  "redemptionWindowMonths": 18,
  "lenderSetVersion": "1.0",
  "regionBridgeVersion": "1.0",
  "dataVintage": {
   "chargesMax": "2026-07-31",
   "satisfiedMax": "2026-08-03",
   "landRegistryMax": "2026-06-30"
  },
  "coverageNotes": [
   "Companies House charge filings record no loan amounts (2013 reform); activity is measured in charge and borrower counts.",
   "Regional attribution uses property postcodes extracted from charge particulars, not registered offices; coverage share is stated per tier.",
   "England & Wales only for regional cuts (Land Registry / PPD scope).",
   "Lender-level figures are never published; concentration is reported as aggregate shares and HHI only."
  ]
 },
 "national": {
  "specialist_development": {
   "quarterly": [
    {
     "quarter": "2023-Q1",
     "charges": 224,
     "borrowers": 143,
     "satisfied": 161,
     "newSpvSharePct": 27
    },
    {
     "quarter": "2023-Q2",
     "charges": 247,
     "borrowers": 158,
     "satisfied": 191,
     "newSpvSharePct": 16
    },
    {
     "quarter": "2023-Q3",
     "charges": 211,
     "borrowers": 145,
     "satisfied": 185,
     "newSpvSharePct": 24
    },
    {
     "quarter": "2023-Q4",
     "charges": 250,
     "borrowers": 178,
     "satisfied": 198,
     "newSpvSharePct": 23
    },
    {
     "quarter": "2024-Q1",
     "charges": 172,
     "borrowers": 110,
     "satisfied": 156,
     "newSpvSharePct": 33
    },
    {
     "quarter": "2024-Q2",
     "charges": 243,
     "borrowers": 154,
     "satisfied": 218,
     "newSpvSharePct": 26
    },
    {
     "quarter": "2024-Q3",
     "charges": 229,
     "borrowers": 158,
     "satisfied": 173,
     "newSpvSharePct": 20
    },
    {
     "quarter": "2024-Q4",
     "charges": 272,
     "borrowers": 185,
     "satisfied": 195,
     "newSpvSharePct": 22
    },
    {
     "quarter": "2025-Q1",
     "charges": 176,
     "borrowers": 117,
     "satisfied": 172,
     "newSpvSharePct": 22
    },
    {
     "quarter": "2025-Q2",
     "charges": 228,
     "borrowers": 163,
     "satisfied": 195,
     "newSpvSharePct": 27
    },
    {
     "quarter": "2025-Q3",
     "charges": 199,
     "borrowers": 148,
     "satisfied": 181,
     "newSpvSharePct": 26
    },
    {
     "quarter": "2025-Q4",
     "charges": 262,
     "borrowers": 180,
     "satisfied": 163,
     "newSpvSharePct": 33
    },
    {
     "quarter": "2026-Q1",
     "charges": 242,
     "borrowers": 154,
     "satisfied": 202,
     "newSpvSharePct": 31
    },
    {
     "quarter": "2026-Q2",
     "charges": 228,
     "borrowers": 163,
     "satisfied": 159,
     "newSpvSharePct": 21
    }
   ],
   "breadth": [
    {
     "quarter": "2023-Q1",
     "activeLenders": 14,
     "anyActivityLenders": 15,
     "top5SharePct": 64,
     "top10SharePct": 87,
     "hhi": 1104
    },
    {
     "quarter": "2023-Q2",
     "activeLenders": 15,
     "anyActivityLenders": 15,
     "top5SharePct": 68,
     "top10SharePct": 91,
     "hhi": 1270
    },
    {
     "quarter": "2023-Q3",
     "activeLenders": 13,
     "anyActivityLenders": 14,
     "top5SharePct": 64,
     "top10SharePct": 93,
     "hhi": 1096
    },
    {
     "quarter": "2023-Q4",
     "activeLenders": 12,
     "anyActivityLenders": 14,
     "top5SharePct": 67,
     "top10SharePct": 94,
     "hhi": 1186
    },
    {
     "quarter": "2024-Q1",
     "activeLenders": 10,
     "anyActivityLenders": 15,
     "top5SharePct": 68,
     "top10SharePct": 95,
     "hhi": 1333
    },
    {
     "quarter": "2024-Q2",
     "activeLenders": 12,
     "anyActivityLenders": 15,
     "top5SharePct": 62,
     "top10SharePct": 91,
     "hhi": 1155
    },
    {
     "quarter": "2024-Q3",
     "activeLenders": 13,
     "anyActivityLenders": 14,
     "top5SharePct": 62,
     "top10SharePct": 92,
     "hhi": 1020
    },
    {
     "quarter": "2024-Q4",
     "activeLenders": 13,
     "anyActivityLenders": 14,
     "top5SharePct": 64,
     "top10SharePct": 91,
     "hhi": 1180
    },
    {
     "quarter": "2025-Q1",
     "activeLenders": 13,
     "anyActivityLenders": 14,
     "top5SharePct": 59,
     "top10SharePct": 91,
     "hhi": 948
    },
    {
     "quarter": "2025-Q2",
     "activeLenders": 13,
     "anyActivityLenders": 13,
     "top5SharePct": 58,
     "top10SharePct": 89,
     "hhi": 951
    },
    {
     "quarter": "2025-Q3",
     "activeLenders": 13,
     "anyActivityLenders": 14,
     "top5SharePct": 57,
     "top10SharePct": 90,
     "hhi": 936
    },
    {
     "quarter": "2025-Q4",
     "activeLenders": 13,
     "anyActivityLenders": 15,
     "top5SharePct": 58,
     "top10SharePct": 91,
     "hhi": 938
    },
    {
     "quarter": "2026-Q1",
     "activeLenders": 14,
     "anyActivityLenders": 14,
     "top5SharePct": 68,
     "top10SharePct": 91,
     "hhi": 1232
    },
    {
     "quarter": "2026-Q2",
     "activeLenders": 12,
     "anyActivityLenders": 13,
     "top5SharePct": 67,
     "top10SharePct": 95,
     "hhi": 1227
    }
   ],
   "redemption": [
    {
     "cohortYear": "2019",
     "originated": 948,
     "redeemedWithin18mPct": 15.9
    },
    {
     "cohortYear": "2020",
     "originated": 575,
     "redeemedWithin18mPct": 20.9
    },
    {
     "cohortYear": "2021",
     "originated": 1248,
     "redeemedWithin18mPct": 20
    },
    {
     "cohortYear": "2022",
     "originated": 1192,
     "redeemedWithin18mPct": 22
    },
    {
     "cohortYear": "2023",
     "originated": 932,
     "redeemedWithin18mPct": 19.4
    },
    {
     "cohortYear": "2024",
     "originated": 916,
     "redeemedWithin18mPct": 25.1
    }
   ]
  },
  "ecosystem": {
   "quarterly": [
    {
     "quarter": "2023-Q1",
     "charges": 9461,
     "borrowers": 6080,
     "satisfied": 2293,
     "newSpvSharePct": 20
    },
    {
     "quarter": "2023-Q2",
     "charges": 9036,
     "borrowers": 5804,
     "satisfied": 2179,
     "newSpvSharePct": 20
    },
    {
     "quarter": "2023-Q3",
     "charges": 9878,
     "borrowers": 6396,
     "satisfied": 2263,
     "newSpvSharePct": 21
    },
    {
     "quarter": "2023-Q4",
     "charges": 10123,
     "borrowers": 6510,
     "satisfied": 2693,
     "newSpvSharePct": 22
    },
    {
     "quarter": "2024-Q1",
     "charges": 10626,
     "borrowers": 6681,
     "satisfied": 2864,
     "newSpvSharePct": 23
    },
    {
     "quarter": "2024-Q2",
     "charges": 12068,
     "borrowers": 7507,
     "satisfied": 2946,
     "newSpvSharePct": 24
    },
    {
     "quarter": "2024-Q3",
     "charges": 12793,
     "borrowers": 8025,
     "satisfied": 3691,
     "newSpvSharePct": 24
    },
    {
     "quarter": "2024-Q4",
     "charges": 14374,
     "borrowers": 8994,
     "satisfied": 3276,
     "newSpvSharePct": 25
    },
    {
     "quarter": "2025-Q1",
     "charges": 14447,
     "borrowers": 9204,
     "satisfied": 3515,
     "newSpvSharePct": 24
    },
    {
     "quarter": "2025-Q2",
     "charges": 13453,
     "borrowers": 8565,
     "satisfied": 3337,
     "newSpvSharePct": 24
    },
    {
     "quarter": "2025-Q3",
     "charges": 15301,
     "borrowers": 9471,
     "satisfied": 4110,
     "newSpvSharePct": 24
    },
    {
     "quarter": "2025-Q4",
     "charges": 15907,
     "borrowers": 9530,
     "satisfied": 3776,
     "newSpvSharePct": 24
    },
    {
     "quarter": "2026-Q1",
     "charges": 16191,
     "borrowers": 9765,
     "satisfied": 4438,
     "newSpvSharePct": 24
    },
    {
     "quarter": "2026-Q2",
     "charges": 16338,
     "borrowers": 9781,
     "satisfied": 4468,
     "newSpvSharePct": 24
    }
   ],
   "breadth": [
    {
     "quarter": "2023-Q1",
     "activeLenders": 37,
     "anyActivityLenders": 38,
     "top5SharePct": 74,
     "top10SharePct": 89,
     "hhi": 1257
    },
    {
     "quarter": "2023-Q2",
     "activeLenders": 38,
     "anyActivityLenders": 38,
     "top5SharePct": 73,
     "top10SharePct": 89,
     "hhi": 1298
    },
    {
     "quarter": "2023-Q3",
     "activeLenders": 36,
     "anyActivityLenders": 37,
     "top5SharePct": 73,
     "top10SharePct": 89,
     "hhi": 1222
    },
    {
     "quarter": "2023-Q4",
     "activeLenders": 35,
     "anyActivityLenders": 37,
     "top5SharePct": 73,
     "top10SharePct": 87,
     "hhi": 1272
    },
    {
     "quarter": "2024-Q1",
     "activeLenders": 33,
     "anyActivityLenders": 38,
     "top5SharePct": 74,
     "top10SharePct": 89,
     "hhi": 1325
    },
    {
     "quarter": "2024-Q2",
     "activeLenders": 35,
     "anyActivityLenders": 39,
     "top5SharePct": 72,
     "top10SharePct": 88,
     "hhi": 1310
    },
    {
     "quarter": "2024-Q3",
     "activeLenders": 36,
     "anyActivityLenders": 38,
     "top5SharePct": 72,
     "top10SharePct": 88,
     "hhi": 1320
    },
    {
     "quarter": "2024-Q4",
     "activeLenders": 36,
     "anyActivityLenders": 37,
     "top5SharePct": 70,
     "top10SharePct": 87,
     "hhi": 1263
    },
    {
     "quarter": "2025-Q1",
     "activeLenders": 36,
     "anyActivityLenders": 37,
     "top5SharePct": 71,
     "top10SharePct": 88,
     "hhi": 1229
    },
    {
     "quarter": "2025-Q2",
     "activeLenders": 36,
     "anyActivityLenders": 36,
     "top5SharePct": 69,
     "top10SharePct": 87,
     "hhi": 1234
    },
    {
     "quarter": "2025-Q3",
     "activeLenders": 36,
     "anyActivityLenders": 37,
     "top5SharePct": 69,
     "top10SharePct": 88,
     "hhi": 1215
    },
    {
     "quarter": "2025-Q4",
     "activeLenders": 36,
     "anyActivityLenders": 38,
     "top5SharePct": 69,
     "top10SharePct": 87,
     "hhi": 1232
    },
    {
     "quarter": "2026-Q1",
     "activeLenders": 37,
     "anyActivityLenders": 37,
     "top5SharePct": 70,
     "top10SharePct": 88,
     "hhi": 1275
    },
    {
     "quarter": "2026-Q2",
     "activeLenders": 35,
     "anyActivityLenders": 36,
     "top5SharePct": 70,
     "top10SharePct": 88,
     "hhi": 1306
    }
   ],
   "redemption": [
    {
     "cohortYear": "2019",
     "originated": 25010,
     "redeemedWithin18mPct": 8.6
    },
    {
     "cohortYear": "2020",
     "originated": 20538,
     "redeemedWithin18mPct": 8.8
    },
    {
     "cohortYear": "2021",
     "originated": 34222,
     "redeemedWithin18mPct": 7.1
    },
    {
     "cohortYear": "2022",
     "originated": 39388,
     "redeemedWithin18mPct": 7.4
    },
    {
     "cohortYear": "2023",
     "originated": 38498,
     "redeemedWithin18mPct": 9.5
    },
    {
     "cohortYear": "2024",
     "originated": 49861,
     "redeemedWithin18mPct": 11.1
    }
   ]
  },
  "institutional_credit": {
   "quarterly": [
    {
     "quarter": "2023-Q1",
     "charges": 129,
     "borrowers": 97,
     "satisfied": 21,
     "newSpvSharePct": 3
    },
    {
     "quarter": "2023-Q2",
     "charges": 35,
     "borrowers": 33,
     "satisfied": 42,
     "newSpvSharePct": 0
    },
    {
     "quarter": "2023-Q3",
     "charges": 183,
     "borrowers": 165,
     "satisfied": 49,
     "newSpvSharePct": 3
    },
    {
     "quarter": "2023-Q4",
     "charges": 245,
     "borrowers": 203,
     "satisfied": 51,
     "newSpvSharePct": 1
    },
    {
     "quarter": "2024-Q1",
     "charges": 54,
     "borrowers": 39,
     "satisfied": 68,
     "newSpvSharePct": 7
    },
    {
     "quarter": "2024-Q2",
     "charges": 71,
     "borrowers": 66,
     "satisfied": 77,
     "newSpvSharePct": 7
    },
    {
     "quarter": "2024-Q3",
     "charges": 233,
     "borrowers": 209,
     "satisfied": 15,
     "newSpvSharePct": 1
    },
    {
     "quarter": "2024-Q4",
     "charges": 106,
     "borrowers": 88,
     "satisfied": 19,
     "newSpvSharePct": 10
    },
    {
     "quarter": "2025-Q1",
     "charges": 76,
     "borrowers": 67,
     "satisfied": 69,
     "newSpvSharePct": 5
    },
    {
     "quarter": "2025-Q2",
     "charges": 223,
     "borrowers": 192,
     "satisfied": 35,
     "newSpvSharePct": 3
    },
    {
     "quarter": "2025-Q3",
     "charges": 45,
     "borrowers": 43,
     "satisfied": 136,
     "newSpvSharePct": 18
    },
    {
     "quarter": "2025-Q4",
     "charges": 137,
     "borrowers": 107,
     "satisfied": 75,
     "newSpvSharePct": 10
    },
    {
     "quarter": "2026-Q1",
     "charges": 100,
     "borrowers": 88,
     "satisfied": 140,
     "newSpvSharePct": 4
    },
    {
     "quarter": "2026-Q2",
     "charges": 90,
     "borrowers": 85,
     "satisfied": 42,
     "newSpvSharePct": 6
    }
   ]
  },
  "wholeMarket": {
   "quarterly": [
    {
     "quarter": "2023-Q1",
     "charges": 38700,
     "borrowers": 26011
    },
    {
     "quarter": "2023-Q2",
     "charges": 37942,
     "borrowers": 25479
    },
    {
     "quarter": "2023-Q3",
     "charges": 39554,
     "borrowers": 26641
    },
    {
     "quarter": "2023-Q4",
     "charges": 41141,
     "borrowers": 27710
    },
    {
     "quarter": "2024-Q1",
     "charges": 40893,
     "borrowers": 27887
    },
    {
     "quarter": "2024-Q2",
     "charges": 44937,
     "borrowers": 30103
    },
    {
     "quarter": "2024-Q3",
     "charges": 47581,
     "borrowers": 32579
    },
    {
     "quarter": "2024-Q4",
     "charges": 54641,
     "borrowers": 36558
    },
    {
     "quarter": "2025-Q1",
     "charges": 52680,
     "borrowers": 35995
    },
    {
     "quarter": "2025-Q2",
     "charges": 50829,
     "borrowers": 34684
    },
    {
     "quarter": "2025-Q3",
     "charges": 55338,
     "borrowers": 37620
    },
    {
     "quarter": "2025-Q4",
     "charges": 62454,
     "borrowers": 41631
    },
    {
     "quarter": "2026-Q1",
     "charges": 59995,
     "borrowers": 40630
    },
    {
     "quarter": "2026-Q2",
     "charges": 61551,
     "borrowers": 41462
    }
   ]
  }
 },
 "regional": {
  "ecosystem": {
   "coveragePct": 81,
   "regions": {
    "South West": [
     {
      "quarter": "2023-Q1",
      "charges": 491
     },
     {
      "quarter": "2023-Q2",
      "charges": 477
     },
     {
      "quarter": "2023-Q3",
      "charges": 516
     },
     {
      "quarter": "2023-Q4",
      "charges": 511
     },
     {
      "quarter": "2024-Q1",
      "charges": 556
     },
     {
      "quarter": "2024-Q2",
      "charges": 579
     },
     {
      "quarter": "2024-Q3",
      "charges": 716
     },
     {
      "quarter": "2024-Q4",
      "charges": 651
     },
     {
      "quarter": "2025-Q1",
      "charges": 721
     },
     {
      "quarter": "2025-Q2",
      "charges": 571
     },
     {
      "quarter": "2025-Q3",
      "charges": 757
     },
     {
      "quarter": "2025-Q4",
      "charges": 771
     },
     {
      "quarter": "2026-Q1",
      "charges": 765
     },
     {
      "quarter": "2026-Q2",
      "charges": 813
     }
    ],
    "London & South East": [
     {
      "quarter": "2023-Q1",
      "charges": 2168
     },
     {
      "quarter": "2023-Q2",
      "charges": 2063
     },
     {
      "quarter": "2023-Q3",
      "charges": 2476
     },
     {
      "quarter": "2023-Q4",
      "charges": 2353
     },
     {
      "quarter": "2024-Q1",
      "charges": 2516
     },
     {
      "quarter": "2024-Q2",
      "charges": 2940
     },
     {
      "quarter": "2024-Q3",
      "charges": 2931
     },
     {
      "quarter": "2024-Q4",
      "charges": 3123
     },
     {
      "quarter": "2025-Q1",
      "charges": 3360
     },
     {
      "quarter": "2025-Q2",
      "charges": 3041
     },
     {
      "quarter": "2025-Q3",
      "charges": 3314
     },
     {
      "quarter": "2025-Q4",
      "charges": 3490
     },
     {
      "quarter": "2026-Q1",
      "charges": 3774
     },
     {
      "quarter": "2026-Q2",
      "charges": 3741
     }
    ],
    "North West": [
     {
      "quarter": "2023-Q1",
      "charges": 1425
     },
     {
      "quarter": "2023-Q2",
      "charges": 1358
     },
     {
      "quarter": "2023-Q3",
      "charges": 1516
     },
     {
      "quarter": "2023-Q4",
      "charges": 1669
     },
     {
      "quarter": "2024-Q1",
      "charges": 1872
     },
     {
      "quarter": "2024-Q2",
      "charges": 1971
     },
     {
      "quarter": "2024-Q3",
      "charges": 2136
     },
     {
      "quarter": "2024-Q4",
      "charges": 2394
     },
     {
      "quarter": "2025-Q1",
      "charges": 2373
     },
     {
      "quarter": "2025-Q2",
      "charges": 2192
     },
     {
      "quarter": "2025-Q3",
      "charges": 2514
     },
     {
      "quarter": "2025-Q4",
      "charges": 2654
     },
     {
      "quarter": "2026-Q1",
      "charges": 2518
     },
     {
      "quarter": "2026-Q2",
      "charges": 2680
     }
    ],
    "Midlands": [
     {
      "quarter": "2023-Q1",
      "charges": 1309
     },
     {
      "quarter": "2023-Q2",
      "charges": 1223
     },
     {
      "quarter": "2023-Q3",
      "charges": 1316
     },
     {
      "quarter": "2023-Q4",
      "charges": 1474
     },
     {
      "quarter": "2024-Q1",
      "charges": 1437
     },
     {
      "quarter": "2024-Q2",
      "charges": 1650
     },
     {
      "quarter": "2024-Q3",
      "charges": 1802
     },
     {
      "quarter": "2024-Q4",
      "charges": 2252
     },
     {
      "quarter": "2025-Q1",
      "charges": 2160
     },
     {
      "quarter": "2025-Q2",
      "charges": 1895
     },
     {
      "quarter": "2025-Q3",
      "charges": 2066
     },
     {
      "quarter": "2025-Q4",
      "charges": 2211
     },
     {
      "quarter": "2026-Q1",
      "charges": 2214
     },
     {
      "quarter": "2026-Q2",
      "charges": 2175
     }
    ],
    "North East & Yorkshire": [
     {
      "quarter": "2023-Q1",
      "charges": 1180
     },
     {
      "quarter": "2023-Q2",
      "charges": 988
     },
     {
      "quarter": "2023-Q3",
      "charges": 1013
     },
     {
      "quarter": "2023-Q4",
      "charges": 1164
     },
     {
      "quarter": "2024-Q1",
      "charges": 1335
     },
     {
      "quarter": "2024-Q2",
      "charges": 1682
     },
     {
      "quarter": "2024-Q3",
      "charges": 1590
     },
     {
      "quarter": "2024-Q4",
      "charges": 1896
     },
     {
      "quarter": "2025-Q1",
      "charges": 1976
     },
     {
      "quarter": "2025-Q2",
      "charges": 1858
     },
     {
      "quarter": "2025-Q3",
      "charges": 2134
     },
     {
      "quarter": "2025-Q4",
      "charges": 2035
     },
     {
      "quarter": "2026-Q1",
      "charges": 2213
     },
     {
      "quarter": "2026-Q2",
      "charges": 2400
     }
    ],
    "Wales": [
     {
      "quarter": "2023-Q1",
      "charges": 270
     },
     {
      "quarter": "2023-Q2",
      "charges": 312
     },
     {
      "quarter": "2023-Q3",
      "charges": 328
     },
     {
      "quarter": "2023-Q4",
      "charges": 404
     },
     {
      "quarter": "2024-Q1",
      "charges": 351
     },
     {
      "quarter": "2024-Q2",
      "charges": 443
     },
     {
      "quarter": "2024-Q3",
      "charges": 473
     },
     {
      "quarter": "2024-Q4",
      "charges": 520
     },
     {
      "quarter": "2025-Q1",
      "charges": 543
     },
     {
      "quarter": "2025-Q2",
      "charges": 554
     },
     {
      "quarter": "2025-Q3",
      "charges": 543
     },
     {
      "quarter": "2025-Q4",
      "charges": 579
     },
     {
      "quarter": "2026-Q1",
      "charges": 693
     },
     {
      "quarter": "2026-Q2",
      "charges": 613
     }
    ],
    "East of England": [
     {
      "quarter": "2023-Q1",
      "charges": 534
     },
     {
      "quarter": "2023-Q2",
      "charges": 597
     },
     {
      "quarter": "2023-Q3",
      "charges": 683
     },
     {
      "quarter": "2023-Q4",
      "charges": 621
     },
     {
      "quarter": "2024-Q1",
      "charges": 740
     },
     {
      "quarter": "2024-Q2",
      "charges": 816
     },
     {
      "quarter": "2024-Q3",
      "charges": 831
     },
     {
      "quarter": "2024-Q4",
      "charges": 882
     },
     {
      "quarter": "2025-Q1",
      "charges": 1027
     },
     {
      "quarter": "2025-Q2",
      "charges": 870
     },
     {
      "quarter": "2025-Q3",
      "charges": 1037
     },
     {
      "quarter": "2025-Q4",
      "charges": 1108
     },
     {
      "quarter": "2026-Q1",
      "charges": 1102
     },
     {
      "quarter": "2026-Q2",
      "charges": 1005
     }
    ]
   },
   "suppressed": []
  }
 },
 "products": {
  "stacks": [
   {
    "quarter": "2023-Q1",
    "refinanceEvents": 179,
    "juniorAlongsideSenior": 92
   },
   {
    "quarter": "2023-Q2",
    "refinanceEvents": 191,
    "juniorAlongsideSenior": 95
   },
   {
    "quarter": "2023-Q3",
    "refinanceEvents": 226,
    "juniorAlongsideSenior": 118
   },
   {
    "quarter": "2023-Q4",
    "refinanceEvents": 229,
    "juniorAlongsideSenior": 133
   },
   {
    "quarter": "2024-Q1",
    "refinanceEvents": 223,
    "juniorAlongsideSenior": 125
   },
   {
    "quarter": "2024-Q2",
    "refinanceEvents": 270,
    "juniorAlongsideSenior": 132
   },
   {
    "quarter": "2024-Q3",
    "refinanceEvents": 257,
    "juniorAlongsideSenior": 164
   },
   {
    "quarter": "2024-Q4",
    "refinanceEvents": 317,
    "juniorAlongsideSenior": 223
   },
   {
    "quarter": "2025-Q1",
    "refinanceEvents": 310,
    "juniorAlongsideSenior": 231
   },
   {
    "quarter": "2025-Q2",
    "refinanceEvents": 363,
    "juniorAlongsideSenior": 256
   },
   {
    "quarter": "2025-Q3",
    "refinanceEvents": 337,
    "juniorAlongsideSenior": 257
   },
   {
    "quarter": "2025-Q4",
    "refinanceEvents": 365,
    "juniorAlongsideSenior": 357
   },
   {
    "quarter": "2026-Q1",
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    "juniorAlongsideSenior": 359
   },
   {
    "quarter": "2026-Q2",
    "refinanceEvents": 397,
    "juniorAlongsideSenior": 420
   }
  ]
 },
 "suppressedCuts": []
}