Pagaya to sell up to $500M of auto loans to Castlelake

7 hours ago 1
Client secured approval for mortgage loan after reviewing financial agreements outlined in business contract. client, loan, finance, mortgage, agreements, approval, contract, deal, financial, business

Pagaya Technologies (PGY) entered a new forward flow agreement with Castlelake LP, a global alternative investment firm specializing in asset-based private credit, for the purchase of up to $500M of auto loans sourced through Pagaya's platform, the company said on Monday.

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