Tag : ABS

KBRA Releases Research – Trends in Home Improvement ABS
Fintech News

KBRA Releases Research – Trends in Home Improvement ABS

Business Wire
by Business Wire0
Historically low mortgage rates piled with high housing prices have offered a new avenue for Asset Backed securities. KBRA releases research analyzing new issue activity, loan characteristics, borrower attributes, and performance trends for the home improvement ABS segment of the unsecured consumer loan market. Many homeowners in today’s market are......
FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges
Finance News

FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges

Fintech News Desk
by Fintech News Desk0
Mercator Advisory Group study finds that 97% of asset-backed securitizations rely on FICO® Scores Mercator Advisory Group, a leading, independent research and advisory services firm exclusively focused on the payments and banking industries, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO® Score as a risk and......
Applied Business Software Completes Private Equity Transaction with Lometa Capital Partners
Business Fintech News

Applied Business Software Completes Private Equity Transaction with Lometa Capital Partners

Fintech News Desk
by Fintech News Desk0
Applied Business Software, Inc. (“ABS”), the leading provider of loan servicing software to the private lending industry, today announced the closing of a strategic growth investment from Lometa Capital Partners (“Lometa”).  Lometa’s investment, made alongside a significant investment from existing management and ownership, will allow ABS to accelerate the development of......
Vanguard Advances Blockchain Technology Pilot To Streamline Asset-Backed Securities Markets
Blockchain Business Fintech Investment Services News

Vanguard Advances Blockchain Technology Pilot To Streamline Asset-Backed Securities Markets

Fintech News Desk
by Fintech News Desk0
Vanguard, in partnership with technology provider Symbiont, announced the completion of the first phase of a blockchain pilot designed to digitize the issuance of asset-backed securities (ABS). In close collaboration with a large US ABS issuer, as well as BNY Mellon, Citi, and State Street, Vanguard successfully modeled the full......
AEGIS Selects expert.ai to Enhance Their Data Strategy with AI-based Natural Language Understanding
Fintech News

ABS Appoints Jasen Portero as Chief Operations Officer

Fintech News Desk
by Fintech News Desk0
Applied Business Software, Inc., (“ABS”), leader in loan servicing and origination software in the private lending space, announced  that Jasen Portero, its current Vice President of Development for the last 12 years, has been appointed Chief Operations Officer. As a Full Stack Developer, Jasen oversees the Development Department, manages all......
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