LendingPoint Announces Pricing of $200 Million Rated Personal Loan Securitization and $45.8 Million Point-of-Sale Loan Securitization
Direct-to-consumer loan securitization rated by KBRA through 95% of pool balance with blended note yield of 4.037% Data and technology platform LendingPoint announced the closing of two securitizations of both direct-to-consumer and point-of-sale loans. LendingPoint Receivables Trust 2020-1 (“LDPT 2020-1”) issued $200 million of rated notes backed by a pool of......