✉news LifeHome & Garden first seen 9 h ago, last 7 h ago, peak #37
Foundation Finance raises $353.7 million via home improvement loans
Original: Foundation Finance raises $353.7 million from home improvement loans
Foundation Finance has raised $353.7 million through a securitization backed by home improvement loans. The deal gives the lender fresh capital to keep originating renovation financing for homeowners and contractors. Securitizations of consumer home improvement credit have drawn attention as investors look for yield in asset-backed markets, and the size of this offering makes it one of the more notable recent deals in the sector.
Why now: A large new asset-backed securitization in the home improvement lending space is drawing industry and investor attention.
Rank over time, top of the chart is #1. 3 snapshots from 9 h ago to 7 h ago.
Evidence
- Foundation Finance raises $353.7 million from home improvement loans · Asset Securitization Report
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