And the securitized loans self fund within the securitization.

Source: https://seekingalpha.com/article/4623421-mfa-financial-inc-mfa-q2-2023-earnings-call-transcript?source=feed_all_articles

As previously announced, during the fourth quarter, we prepaid the remaining portion of our IH 2018-1 securitization using the delayed draw feature of our seven-year unsecured term loan that closed in June 2022.

Source: https://seekingalpha.com/article/4579346-invitation-homes-inc-invh-q4-2022-earnings-call-transcript?source=feed_all_articles

Collateralized Loan Obligations (CLOs): A form of securitization where payments from multiple business loans (most typically senior secured corporate loans) are pooled together and passed on to different classes of owners in various tranches.

Source: https://www.prnewswire.com/news-releases/bluerock-high-income-institutional-credit-fund-announces-q4-quarterly-distribution-and-an-additional-special-distribution-301712653.html

Fortunately, that strategy paid off as the markets improved this year and our first securitization in January saw much stronger demand than our October deal.

Source: https://seekingalpha.com/article/4586310-velocity-financial-inc-vel-q4-2022-earnings-call-transcript?source=feed_all_articles

The raise was by Alternative, a securitization fund under microfinancing platform Mikro…

Source: https://biztoc.com/x/18d7f07eb2fcd69a?ref=ff

We improved the securitization of the credit card loans and e-loans NPL, we construct a smart management platform and improve our capability of management in this regard.

Source: https://seekingalpha.com/article/4632145-industrial-and-commercial-bank-of-china-ltd-idcby-h1-2023-earnings-call-transcript?source=feed_all_articles

We're also looking to do securitization at the end of the year.

Source: https://seekingalpha.com/article/4581906-pnm-resources-inc-pnm-q4-2022-earnings-call-transcript?source=feed_all_articles