Tag: Mosaic
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Mosaic adds Solaria PowerXT modules to financing platform
The availability of Solaria’s PowerXT modules keeps growing. Mosaic, one of the top providers of solar loan financing for homeowners, has added them to its solar financing platform. Solaria modules’ inclusion in Mosaic’s solar financing platform shows that the PowerXT module is among solar’s bankable products. “This new relationship is going to empower additionalRead More — Solar Builder magazine
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Mosaic completes largest solar loan securitization to date
Mosaic, a leading U.S. provider of solar loan financing solutions for homeowners, completed its second term securitization of residential solar loans. The Mosaic Solar Loans 2017-2 transaction is the largest solar loan securitization issued to date, with $307.5 million in bonds sold across four tranches. MSAIC 2017-2 generated over $1.7Read More — Solar Builder magazine
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Mosaic completes largest solar loan securitization to date
Mosaic, a leading U.S. provider of solar loan financing solutions for homeowners, completed its second term securitization of residential solar loans. The Mosaic Solar Loans 2017-2 transaction is the largest solar loan securitization issued to date, with $307.5 million in bonds sold across four tranches. MSAIC 2017-2 generated over $1.7Read More — Solar Builder magazine
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Goldman Sachs to buy $300 million home solar loans from Mosaic
Goldman Sachs Bank and Mosaic, a provider of home solar financing solutions, have announced a purchase commitment in which GS Bank will buy $300 million in home solar loans originated by Mosaic. The commitment increases Mosaic’s available future loan funding commitments from banks and credit unions to $800 million. ThisRead More — Solar Builder magazine
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Mosaic closes deal for more than $550 million in home solar loan funding
Mosaic just closed a $250 million warehouse facility with Deutsche Bank. Together with recent upsizes to Mosaic‘s existing warehouse facility and a forward flow whole loan sale arrangement, this agreement provides Mosaic with $550 million of new loan funding capacity. “More and more homeowners are looking for an effective pathRead More — Solar Builder magazine