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PeerIQ Weekly Industry Update 3/20/2017
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News Roundup
PeerIQ Weekly Industry Update 3/20/2017

PeerIQ Weekly Industry Update 3/20/2017

Fintech Nexus Staff·
News RoundupOnline LendingUSA
·Mar. 20, 2017·1 min read

This week’s PeerIQ industry update focused on the OCC’s special purpose bank charter and a trio of new securitization deals; the OCC charter is beginning to face some pushback from lawmakers who feel the OCC may be moving along too quickly; Marlette is looking to close their MFT 2017-1 securitization on March 23rd, the deal was $257.44 million but has upsized to $304.47 million; SoFi has a new offering, SoFi 2017-B, led by Bank of America and Deutsche Bank for $461 million; Avant is also heading to market with a $300 million securitization being led by Credit Suisse.  Source

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