Progress Residential Depositor, LLC Files ABS-15G Form with SEC as Securitizer
In a recent SEC filing, Progress Residential Depositor, LLC, identified as the securitizer, submitted an ABS-15G form. This filing is significant as it pertains to the securitization of assets, specifically residential rental properties. The ABS-15G form requires securitizers to disclose information about the underlying assets backing the securities, ensuring transparency and accountability in the securitization process. Investors and regulators rely on these filings to assess the quality and risk associated with asset-backed securities.
Progress Residential Depositor, LLC, is a key player in the residential rental market, specializing in acquiring, renovating, and managing single-family rental homes. As a securitizer, the company packages these rental properties into securities for investors. This filing provides insights into the assets being securitized by Progress Residential Depositor, LLC, offering investors a clearer picture of the underlying properties. For more information about Progress Residential Depositor, LLC, visit their website here.
The ABS-15G form, filed by Progress Residential Depositor, LLC, falls under the category of asset-backed securities disclosures required by the Securities and Exchange Commission. This form is crucial for ensuring transparency and providing investors with essential information about the underlying assets. By submitting the ABS-15G form, Progress Residential Depositor, LLC, demonstrates its commitment to regulatory compliance and transparency in the securitization process.
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Progress Residential Depositor, LLC Submits ABS-15G SEC Filing as Securitizer (CIK: 0001625909)