The repackaging of its loans as asset-backed securities (ABS) comes as Springleaf Financial faces questions over the size of its debt obligations coming due in the next few years. Unlike auto loans and mortgages, personal consumer loans are only rarely securitized, or bundled together as underlying collateral for securities publicly sold to investors.
Springleaf offers first personal loan ABS offering since 1998
Most Popular Articles
Latest Articles
‘Real Estate Insiders’ role play buyer and seller objections
A newly released episode of the Real Estate Insiders Unfiltered Podcast explores the future state of buyer and seller relationships in the housing market after the National Association of Realtors’ (NAR) business practice changes take effect Aug. 17.
-
The biggest reverse mortgage marketing moves from the first half of 2024
-
Half of older Americans are rethinking their retirement status: survey
-
Real estate investor optimism is rising: RCN Capital
-
Only 40% of homes sold include an accurate appraisal
-
Will mortgage rates drop in time to help single-family construction?