Cascade Financial Services has been a leading originator and servicer of loans in the factory-built housing market since 1999. Cascade has focused on the Government Insured and GSE markets since 2017 when it launched a suite of products catering to typical buyers of attainable homes.
Cascade was reviewed by ISS (Institutional Shareholder Services) to assess its Sustainability Quality as a bond issuer and its adherence to Social Bond Principles by assessing three core elements:
- Social Bonds link to Cascade’s sustainability strategy – drawing on Cascade’s overall sustainability profile and issuance-specific Use of Proceeds categories.
- Cascade’s Social Bond Framework (04 March 2022 version) – benchmarked against the International Capital Market Association’s (ICMA) Social Bond Principles (SBP).
- The Selection Criteria – whether the projects contribute positively to the UN SDGs and perform against ISS’s issue-specific key performance indicators (KPIs).
Review the full report here.