Tuesday, April 7, 2020
Securitization platform Cadence surpasses $125M deal volume and raises $4M – TechCrunch
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 originator’s balance sheet so that they can offer more loans, while also offering private investors alternative investment opportunities to buy up. Despite 
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