Liquidity/Member Credit
Agent Loan Participation Program
Catalyst Corporate offers its members an Agent Loan Participation Program, including servicing functions. This program brings together credit union originators/sellers of loans with credit union buyers that want to purchase an interest in a pool of loans – assisting both parties in the overall management of their balance sheets. The program helps sellers create liquidity, while buyers may achieve higher yields.
See Available Loan Participations
As part of its agent activities, Catalyst provides prospective buyers loan pool review packages that include detailed loan pool information and analyses, among other items. The loan pools accepted in this program are made up of member automobile or first lien mortgage loan portfolios. Buyers and sellers are not required to be members of Catalyst, though Catalyst members will be given first priority on loan participation transactions. Information concerning new loan participation loan pools for sale will be posted (as they become available) on Catalyst’s website under Liquidity/Member Credit Services.
As an agent, Catalyst acquires documentation about the pool of loans offered for sale and passes it along to prospective buyers; however, buyers perform their own due diligence and make an independent purchasing decision. While Catalyst provides certain detailed information about the pools of loans that are for sale, Catalyst does not guarantee the performance of the loans.
After a pool of loans has been purchased by one or more buyers, Catalyst performs certain monthly servicing functions pertinent to the loan participation pools. These servicing functions include the generation of detailed monthly reports to buyers, which are available on Catalyst’s TranZact system, and the transfer of funds to buyers’ accounts, among others.
Contact Catalyst's Member Credit Department at
loanparticipations@catalystcorp.org or 800.442.5763, option 6 for more information.
See Available Loan Participations
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