Splitero announced Tuesday that it has completed a $296 million home equity investment (HEI) securitization, marking the company’s second public transaction in the growing asset class.

The securitization, which closed May 27, issued four classes of securities through Splitero Trust 2026-1. The deal included $202.6 million in Class A-1 notes rated A (low) (sf), $56.8 million in Class A-2 notes rated BBB (low) (sf), $15.6 million in Class B-1 notes rated BB (sf) and $20.77 million in Class B-2 notes rated B (sf). All ratings were assigned by Morningstar DBRS.

The company said the transaction attracted strong details ⇒

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