dv01 Turns into Mortgage Knowledge Agent for Photo voltaic Targeted GoodLeap

On-line lending knowledge platform dv01 has partnered with GoodLeap, a point-of-sale platform for sustainable residence options, to allow higher knowledge transparency throughout the photo voltaic asset-backed securities (ABS) market, in line with a launch.

dv01 can be serving as Mortgage Knowledge Agent (LDA) for Carbon Degree Mitigation Belief (CLMTE) pass-through certificates within the residential photo voltaic and sustainable residence options house.

dvo1 states that the shelf presently includes CLMTE 2021-1 and CLMTE 2021-2 and has an combination notional worth of $53.6 million at issuance throughout 1,252 residential photo voltaic loans.

As LDA, dv01 will handle month-to-month deal reporting by cleaning, validating, and standardizing loan-level knowledge from underlying servicers and different transaction members.

dv01 says that Kroll Bond Score Company estimates that issuance climbed 22% YoY in 2020, with GoodLeap chargeable for many of the issuance. The market is predicted to extend additional aided partially by a supportive administration.

“As investor demand for sustainable investing will increase, clear knowledge on the underlying collateral is essential to understanding asset efficiency,” mentioned Perry Rahbar, Founder & CEO at dv01. “We’re excited to accomplice with a number one issuer to cement photo voltaic as a viable, investment-worthy asset class. We stay up for deepening our relationship with GoodLeap and introducing our respected loan-level experience to a rapidly-growing market.”

Tanguy Serra, GoodLeap’s President mentioned with dv01, they stay up for offering market members the chance to participate in these ESG property with confidence and effectivity.