FCCF

Achieve announces close of $200.6 million, AAA-rated personal loan securitization

Retrieved on: 
Wednesday, March 20, 2024
Employment, SAN, Jules Kroll, FCCF, Regulation, Sale, Class D, KBRA, Morgan Stanley, ABS, CRB, ATLAS, AAA, DBRS, Barclays, Security (finance)

SAN MATEO, Calif., March 20, 2024 /PRNewswire/ -- Achieve, the leader in digital personal finance, announces the March 18 close of an offering of $200.63 million in rated notes backed by Achieve Personal Loans.

Key Points: 
  • SAN MATEO, Calif., March 20, 2024 /PRNewswire/ -- Achieve , the leader in digital personal finance, announces the March 18 close of an offering of $200.63 million in rated notes backed by Achieve Personal Loans.
  • The securitization, ACHV ABS Trust 2024-1PL, includes four classes of rated notes and is backed by 10,757 unsecured consumer personal loans.
  • Achieve Personal Loans help individuals responsibly manage high-interest debt by consolidating revolving accounts into easy to manage, more consumer-friendly installment loans.
  • Cumulative issuances across all FCCF-sponsored securitizations total over $5.5 billion and total loan originations through the Achieve Personal Loans platform and Achieve Home Loans is approximately $11 billion.

Achieve announces close of $157.5 million, AAA-rated personal loan securitization

Retrieved on: 
Thursday, November 2, 2023
Sale, Jules Kroll, DBRS, Class D, Regulation, CRB, KBRA, BB, FCCF, SEC Rule 144A, AAA, BBB, ATLAS, Employment, Jefferies, SAN, Bank, Security (finance), AA

SAN MATEO, Calif., Nov. 2, 2023 /PRNewswire/ -- Achieve, the digital personal finance company, announces the Oct. 27 close of an offering of $157.52 million in rated notes backed by Consolidation Plus loans.

Key Points: 
  • SAN MATEO, Calif., Nov. 2, 2023 /PRNewswire/ -- Achieve , the digital personal finance company, announces the Oct. 27 close of an offering of $157.52 million in rated notes backed by Consolidation Plus loans.
  • The securitization, ACHV ABS Trust 2023-4CP, includes five classes of rated notes and is backed by 14,141 unsecured consumer personal loans.
  • It is the eighth personal loan securitization from FCCF and FFAM to receive a AAA rating from DBRS Morningstar and the 10th to receive a AAA rating from Kroll Bond Rating Agency (KBRA).
  • Cumulative issuances across all FCCF-sponsored securitizations total over $5.3 billion and total loan originations through the Achieve Personal Loans platform and Achieve Home Loans is approximately $11 billion.

Achieve announces the close of $173.6M HELOC securitization

Retrieved on: 
Thursday, October 19, 2023
Sale, Jules Kroll, Class D, FCCF, AAA, Entrepreneurship, HELOC, Environment, Risk, ACHM, Jefferies, SEC Rule 144A, Uncertainty, SAN, Security (finance), Bank

SAN MATEO, Calif., Oct. 19, 2023 /PRNewswire/ -- Achieve, the leader in digital personal finance, announces the Oct. 18, close of a AAA-rated securitization backed by $173.6 million in newly originated home equity lines of credit (HELOCs).

Key Points: 
  • SAN MATEO, Calif., Oct. 19, 2023 /PRNewswire/ -- Achieve , the leader in digital personal finance, announces the Oct. 18, close of a AAA-rated securitization backed by $173.6 million in newly originated home equity lines of credit (HELOCs).
  • The securitization, ACHM Trust 2023-HE2, consists of three classes of rated notes and two classes of unrated notes backed by 3,234 HELOCs originated by Achieve Home Loans.
  • The deal is the third HELOC securitization sponsored by Freedom Consumer Credit Fund, an investment fund managed by Freedom Financial Asset Management, LLC (FFAM), an Achieve company.
  • "The Achieve fixed-rate HELOC can provide homeowners with certainty about their monthly payments to help them get back on track."

Achieve announces close of $214 million, AAA-rated personal loan securitization

Retrieved on: 
Friday, August 4, 2023
FreedomPlus, Cross River Bank, Employment, FCCF, KBRA, SEC Rule 144A, Jefferies, SMBC Nikko Securities, DBRS, Person, Sale, Regulation, Jules Kroll, AAA, SAN, Securitization, ATLAS, Cryptocurrency, Security (finance), AA

SAN MATEO, Calif., Aug. 4, 2023 /PRNewswire/ -- Achieve, the leader in digital personal finance, announces the August 3 close of an offering of $214.41 million in rated notes backed by Achieve Personal Loans.

Key Points: 
  • SAN MATEO, Calif., Aug. 4, 2023 /PRNewswire/ -- Achieve , the leader in digital personal finance, announces the August 3 close of an offering of $214.41 million in rated notes backed by Achieve Personal Loans.
  • It is the 17th personal loan securitization sponsored by Freedom Consumer Credit Fund, LLC (FCCF), an investment fund managed by Freedom Financial Asset Management, LLC (FFAM), an Achieve company.
  • "We're proud to reach over $5 billion in FCCF-sponsored securitizations backed by Achieve loans," said Achieve Co-Founder and Co-CEO Andrew Housser.
  • The underlying Achieve Personal Loans in the securitization were originated by bank partners Cross River Bank and Pathward ® , N.A.

Freedom Financial Asset Management, an Achieve company, named ABS Issuer of the Year in 2023 GlobalCapital US Securitization Award

Retrieved on: 
Thursday, June 8, 2023
FreedomPlus, Freedom, GlobalCapital, HELOC, Federal Reserve responses to the subprime crisis, FCCF, KBRA, SEC Rule 144A, Atlas, Jefferies, Trust, Person, Credit Suisse, Sale, Organization, Jules Kroll, ABS, Federal Reserve, AAA, SAN, Freddie Mac, Growth, Securitization, Regulation, ATLAS, Security (finance), Bank, Financial services, Auction, Mosaic

SAN MATEO, Calif., June 8, 2023 /PRNewswire/ -- Freedom Financial Asset Management (FFAM), an Achieve company, was named ABS Issuer of the Year in the 2023 GlobalCapital US Securitization Awards for its management of Freedom Consumer Credit Fund (FCCF).

Key Points: 
  • SAN MATEO, Calif., June 8, 2023 /PRNewswire/ -- Freedom Financial Asset Management (FFAM), an Achieve company, was named ABS Issuer of the Year in the 2023 GlobalCapital US Securitization Awards for its management of Freedom Consumer Credit Fund (FCCF).
  • FFAM was selected as a finalist in the ABS Issuer of the Year category alongside Affirm, Freddie Mac, Mosaic and Pagaya.
  • Personal loans originated by partner banks on the Achieve Personal Loans platform and HELOCs originated by Achieve Home Loans exceed $8 billion.
  • Participation in the GlobalCapital US Securitization Awards is open to anyone active in the securitization market.

Achieve announces close of $191 million, AAA-rated personal loan securitization

Retrieved on: 
Tuesday, April 18, 2023
FreedomPlus, Cross River Bank, Employment, FCCF, KBRA, SEC Rule 144A, Jefferies, DBRS, Person, Sale, Regulation, Jules Kroll, AAA, SAN, ATLAS, Security (finance), AA

SAN MATEO, Calif., April 18, 2023 /PRNewswire/ -- Achieve, the leader in digital personal finance, announces the April 13 close of an offering of $191.1 million in notes backed by Achieve Personal Loans.

Key Points: 
  • SAN MATEO, Calif., April 18, 2023 /PRNewswire/ -- Achieve , the leader in digital personal finance, announces the April 13 close of an offering of $191.1 million in notes backed by Achieve Personal Loans.
  • The securitization, ACHV ABS Trust 2023-2PL, includes four classes of rated notes and is backed by 12,778 unsecured consumer personal loans.
  • It is the 16th personal loan securitization sponsored by Freedom Consumer Credit Fund (FCCF), an investment fund managed by Freedom Financial Asset Management (FFAM), an Achieve company.
  • The underlying Achieve Personal Loans in the securitization were originated by bank partners Cross River Bank and Pathward®, N.A.

Misty Copeland - First Black Principal Dancer with the American Ballet Theater - to Keynote 25th Annual Luncheon for Fairfield County's Community Foundation's Fund for Women & Girls

Retrieved on: 
Tuesday, February 14, 2023
The New York Times, Boy, Life, Woman, Emme, Lunch, Common, Principal dancer, Akron Community Foundation, Courage, Wind, Spingarn Medal, Face, FCCF, Community foundation, Fund, History, American Music Awards of 2019, Boys & Girls Clubs of America, NAACP, American Music Awards, British campaign medals, Silver, Case management, Romeo and Juliet, American Ballet Theatre, Dream, This Bridge Called My Back, Entertainment, Nightclub, Film industry, Toy, Firebird, Misty, Flower, Motion

NORWALK, Conn., Feb. 14, 2023 /PRNewswire/ -- History-making ballet dancer and philanthropist Misty Copeland will serve as the keynote speaker for the silver anniversary of Fairfield County's Community Foundation's (FCCF) annual celebration of the Fund for Women & Girls.

Key Points: 
  • NORWALK, Conn., Feb. 14, 2023 /PRNewswire/ -- History-making ballet dancer and philanthropist Misty Copeland will serve as the keynote speaker for the silver anniversary of Fairfield County's Community Foundation's (FCCF) annual celebration of the Fund for Women & Girls.
  • The 25th anniversary event will be Thursday, April 27 at the Greenwich Hyatt.
  • It will kick off with an opening reception and vendor marketplace at 11:00 a.m., followed by the luncheon and program from 12:00 - 2:00 p.m.
  • Fairfield County young women and girls facing similar circumstances can look to Misty as an inspiration as they pursue their own dreams."

Achieve Announces the Close of Two, AAA-Rated Consumer Loan Securitizations

Retrieved on: 
Thursday, February 2, 2023
Uncertainty, CE, Jefferies, DBRS, SEC Rule 144A, ABS, ACHM, HELOC, Cross River Bank, BBB, Trust, Sale, Securitization, FCCF, Risk, Class, Jules Kroll, FreedomPlus, Credit Suisse, Person, SAN, Regulation, AAA, Employment, KBRA, Bank, Security (finance), Credit, AA

SAN MATEO, Calif., Feb. 2, 2023 /PRNewswire/ -- Achieve, the leader in digital personal finance, announces the close of two AAA-rated securitizations — one offering of $244.8 million in notes backed by Achieve Personal Loans; and a second offering of notes backed by approximately $152.7 million in newly originated home equity lines of credit (HELOCs). Both securitizations closed on January 31, 2023.

Key Points: 
  • The personal loan securitization, ACHV ABS Trust 2023-1PL, consists of four classes of rated notes backed by 15,788 unsecured consumer personal loans.
  • It is the 15th personal loan securitization by Freedom Consumer Credit Fund (FCCF), an investment fund managed by Freedom Financial Asset Management (FFAM), an Achieve company.
  • The underlying Achieve Personal Loans in the securitization were originated by bank partners Cross River Bank and Pathward, N.A.
  • Issuances across all FCCF-sponsored securitizations now total over $4.6 billion and total loan originations through the FFAM platform and Achieve Home Loans exceeds $8 billion.

Achieve Announces Close of Innovative, $175M HELOC Securitization

Retrieved on: 
Thursday, December 1, 2022
SAN, Bills.com, HELOC, BBB, Gingival recession, Multimedia, Risk, Education, Class, Great Recession, NMLS, Equal housing lender, Capital market, ID, AAA, FCCF, Uncertainty, Securitization, ABS, Security (finance), Bank, Torben Lendager

SAN MATEO, Calif., Dec. 1, 2022 /PRNewswire/ -- Achieve, the leader in digital personal finance, announces the closing of a first-of-its-kind, AAA-rated securitization backed by $175 million in newly-originated home equity lines of credit (HELOCs).

Key Points: 
  • SAN MATEO, Calif., Dec. 1, 2022 /PRNewswire/ -- Achieve , the leader in digital personal finance, announces the closing of a first-of-its-kind, AAA-rated securitization backed by $175 million in newly-originated home equity lines of credit (HELOCs).
  • The securitization, FREED Mortgage Trust 2022-HE1, consists of three classes of rated notes backed by nearly 3,300 HELOCs originated by Achieve Loans.
  • "But what makes this securitization truly unique is the consumer-centric nature of the Achieve HELOCs backing the deal."
  • The HELOC transaction is the 15th securitization by the Freedom Consumer Credit Fund (FCCF), an investment fund managed by Freedom Financial Asset Management (FFAM), an Achieve company.

Deepcell Expands Adoption of AI-Powered Morphology Characterization for Biological Researchers, Announces UCSF and TGen as First Installations in Technology Access Program

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Tuesday, November 1, 2022
Software, Research, Oncology, Data Management, Technology, Artificial Intelligence, Genetics, Science, Biotechnology, Stem Cells, Other Science, Health, RNA, Hearing, Translational Genomics Research Institute, Breast cancer, G20 World Brain Mapping & Therapeutic Scientific Summit, IMA, Newcastle University, Research, Industry, TAP, Computational biology, Program, Disease, Proteome, Eye, Biophysics, Cell, Pathology, AI, Molecular biology, Bias, Cell biology, Technology, Adoption, University, Deep learning, Biochemistry, Transcriptome, Melanoma, Associate, University of California, San Francisco, B cell, City, Patient, UCSF, Medical laboratory, Genome, Biology, FCCF, City of Hope, Tumor microenvironment, CA, Mobile phone, Pharmaceutical industry, Medical imaging, Microscope

Using Deepcell technology, we aim to study time-course morphological changes in drugged lymphoblast cells.

Key Points: 
  • Using Deepcell technology, we aim to study time-course morphological changes in drugged lymphoblast cells.
  • Dr. Mark Magbanua, Laboratory Medicine at UCSF said, "We are excited to be a part of the technology access program to test Deepcell's platform.
  • Its exciting to begin operating the instrument in-house at TGen as a part of the Technology Access Program.
  • Scientists interested in hearing more about Deepcell technology or incorporating the Deepcell technology into their grants can reach out to Deepcell directly at: [email protected] .