Alternative Credit Investor reported on Edge Focus closing two pass-through transactions, EDGEX 2026-PT1 and EDGEX 2026-PT2, its third and fourth asset-backed securities deals. Together the deals are backed by more than $100 million of unsecured personal loans.
The transactions were co-sponsored by Nelnet Bank and placed with investors including a multibillion dollar hedge fund and an investment bank. They used Origin, Edge Focus’s consumer loan underwriting platform, and Lens, its portfolio analytics platform. In the article, CEO Elliott Lorenz pointed to steady institutional demand for consumer credit backed by modern underwriting technology and disciplined credit.
Read the press release: Edge Focus Secures Pass-Through Deals Worth More Than $100 Million for Two New Consumer Loan ABS