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April 7, 2020 03:00 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2-urXwx60_0/
Securitization platform Cadence surpasses $125M deal volume and raises $4M
Securitization is a critical function of the modern financial system. Banks package individual loans, say a mortgage or an auto loan, into a group with similar characteristics and sell them to other investors. That gets the debt off the originators balance sheet so that they can offer more loans, while also offering private investors alternative […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2-urXwx60_0/
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