GC Asia
Securitizations swell as marketplace lending matures
A report out of the Department of the Treasury on Tuesday notes that the growth of marketplace lending has fueled ABS deals in the sector.
Marketplace lenders have originated some $100bn in loans since 2014, with unsecured consumer debt accounting for 50% of total volume.
The strong pace of originations has fueled consumer securitization issuance, with the number of marketplace loan ABS deals ballooning every year since 2013.
Securitizations finance 28% of loans at companies ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
