Regional Management Issuance Trust 2021-2: Rating Report
DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on Regional Management Issuance Trust 2021-2 (RMIT 2021-2 or the Issuer). The RMIT 2021-2 transaction represents the sixth term securitization of a portfolio of nonprime consumer loans originated through Regional Management Corp.’s (Regional or the Company) branch network. RMIT 2021-2 is collateralized by receivables originated under Regional’s Branch Loan and Convenience Check loan programs. This is the second Regional transaction to include check and small loan types.
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