Q&A: Ray Gatten, Managing Director, National Alliance Capital Markets

A second securitization of peer-to-peer consumer loans is being prepped for early 2014 from Eaglewood Capital Management. National Alliance Capital Markets and Waterford Capital, the boutiques that engineered the first P2P transaction, plan to double the size of their first $54 million transaction, which sold in October and was backed by consumer loans from Lending Club. Ray Gatten, principal and managing director at broker-dealer National Alliance, spoke this week with SI reporter Matt Scully about the upcoming transaction and about other projects the Texas-based firm is working towards, including an oil contract and receivables ABS.