Earnest completes $225M student loan refi securitization

Student loan refinancer Earnest has completed its second securitization, a $225 million whose senior notes were rated Single-A by DBRS and Kroll. When combined with a $112 million securitization in February it brings Earnest’s 2016 securitization total to $337 million. ...

Read more

Marketplace lender Earnest closes $275M financing

Earnest, a marketplace lender employing data science and proprietary software, has received a total of $275 million in financing, the company announced Tuesday. $200 million is in the form of institutional lending capital from a group of investors led by ...

Read more