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: firstname.lastname@example.org