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Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.

Por: MarketWatch Business May 17, 2023

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While SoFi does issue student, home, and personal loans to consumers, securitizing and selling those loans to investors. SoFi sold $78 million in the home loans segment in the first quarter, but no sales were conducted within the personal loan and student loan refinancing segments, suggesting softening demand from investors. In the previous quarter, the company did about $200 million worth of whole loan sales across segments. The notable... + full article



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