Another subprime lender just folded. Bayside Credit has stopped originating loans. The Fed’s $50 billion overnight bailout vanishes in 24 hours. This is 2025’s subprime moment.
While everyone clocked out for Friday, On October 31st, another subprime lender, Bayside Credit is no longer originating loans. We updated our clients on the impacts today. Another “isolated” event, for sure. — Unicus (@UnicusResearch) November 2, 2025 In October …