Raj Date

Managing partner

Raj Date is the managing partner of Fenway Summer LLC, a venture investment firm focused on financial services and financial technology. After beginning his career in consumer, commercial, and investment banking, he served in a variety of capacities with the U.S. Consumer Financial Protection Bureau — as head of Research, Markets & Regulations; as the interim chief of the new agency; and as the first-ever deputy director.

Marketplace lending

Madden ruling was a step backward. Congress should fix it

The court decision regarding the “valid when made” doctrine moved us further away from creating a more effective and inclusive financial system.

By Raj Date

December 4

TRENDING

Securitization

Volkswagen raises at least $1.3 billion in auto ABS

Some recent performance deterioration in Volkswagen's managed portfolio vintages and securitization pools helped account for the increase in expected CNL losses.

By Donna M. Mitchell

6h ago
Credit scores

CFPB's Chopra: AI can be the key to fairer credit scoring

Consumer Financial Protection Bureau Director Rohit Chopra said the FICO credit-scoring model has drawbacks in price, predictiveness and market competition, and stakeholders should develop a more open-sourced model that uses artificial intelligence.

By John Heltman

November 21
Apollo Global Management

Pivot Energy locks in $450 million warehouse facility to support solar projects

Pivot-HASI's portfolio consists of 96 projects, most of which are community solar facilities. Single off-take power purchase agreements for commercial clients make up the rest.

By Donna M. Mitchell

November 21