In a recent SEC filing, Figure HELOC Master Depositor Trust (0001970036) disclosed Form ABS-15G. This filing is significant as it provides transparency regarding asset-backed securities offerings. Form ABS-15G is used to report a repurchase request or demand for review of the underlying assets due to a breach of a representation or warranty.
Figure HELOC Master Depositor Trust is a financial entity that specializes in asset-backed securities, particularly Home Equity Line of Credit (HELOC) loans. These trusts are structured to hold a pool of assets, such as HELOC loans, and issue securities backed by these assets. Investors in these securities receive payments based on the performance of the underlying assets.
For more information on Figure HELOC Master Depositor Trust and its offerings, you can visit their website here. This SEC filing sheds light on the trust’s compliance with regulations and its commitment to transparency in its financial dealings.
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HELOC Master Depositor Trust (0001970036) Files ABS-15G Form with SEC
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