הגורו - GURU

הגורו - GURU · לפני 32 ימים @daardos · X

$PGY: I think this may be the most important point in Pagaya’s new presentation. Nearly 50% of application flow now comes from non-decline pathways. Pagaya is no longer just a second-look company! Applications reached $307B in Q2, up ~60% in just two years, with annualized Network Volume now at ~$14B. And what is especially interesting to me: Pagaya says its credit posture has remained unchanged, while borrower quality has actually improved. So the growth is not coming from taking more risk. Pagaya is simply expanding the funnel.

הגורו - GURU · לפני 32 ימים @daardos · X

$PGY: This is a clear positive. Despite higher benchmark yields, Pagaya was able to achieve tighter ABS pricing relative to recent deals, helping offset at least part of the increase in funding costs. PAGAYA today announced the closing of a $600 million AAA-rated personal loan ABS transaction (PAID 2026-6). “We achieved tighter pricing on this transaction relative to recent deals, which reflects strong investor confidence in Pagaya's credit performance and underwriting platform".