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Fitch Ratings Upgrades Prosper Loan Securitization
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Fitch Ratings Upgrades Prosper Loan Securitization

Fitch Ratings Upgrades Prosper Loan Securitization

Fintech Nexus Staff·
News RoundupOnline LendingUSA
·Mar. 21, 2017·1 min read

Fitch Ratings has upgraded its ratings for the Citi Held for Asset Issuance 2016-PM1 (CHAI 2016-PM1) portfolio which includes loans originated from the Prosper platform; the ratings agency upgraded the Class A, B and C tranches; it attributes the upgrades to growth in hard credit enhancement available to the notes.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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