Palisades Closes Multi-Originator Home Equity Investment Securitization
AUSTIN, Texas, July 07, 2025--Palisades Group ("Palisades"), a wholly-owned subsidiary of Chimera Investment Corporation (NYSE: CIM) and an alternative asset manager in the residential credit and real estate markets, today announced that on June 30, 2025, Solve Funding LLC had sponsored SOLVE 2025-HEC1, a $112.1 million securitization backed by home equity investment assets (HEI). This transaction marks a milestone in the evolution of the HEI sector as the securitization featured collateral aggr