Regional Management Issuance Trust 2022-2B: Presale Report
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Summary
DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to Regional Management Issuance Trust 2022-2B (RMIT 2022-2B) as listed above. The RMIT 2022-2B transaction represents the eighth term securitization of a portfolio of nonprime consumer loans originated through Regional Management Corp.’s (Regional) branch network. RMIT 2022-2B is collateralized by receivables originated under Regional’s Branch Loan and Convenience Check loan programs. This Regional transaction collateral is comprised of convenience checks and small and large loan types.