The report shares the highlights of securitization in the space which totaled $7.8 billion in 2017, up from $4.6 billion in 2016; SoFi was the leader in both volume and total number of ABS deals; report includes KBRA’s outlook for 2018, loan origination and ABS issuance by platform, performance and rating trends and more. Source
Kroll Bond Rating Agency has released a report on its asset-backed securitization rating methodology highlighting its methodology for marketplace lenders; discusses marketplace lending characteristics and platform analysis; also reports on key factors for transaction structuring. Source
Kroll Bond Rating Agency (KBRA) has provided ratings and released more details on Marlette Funding's Marlette Funding Trust 2017-1 (MFT 2017-1) securitization; the transaction is valued at $257.44 million and includes consumer loans from Marlette; the portfolio includes three tranches rated A to BB; the majority of the loans are contained in tranche A which accounts for 80%. Source