JPMorgan is taking a riskier route for its second jumbo prime mortgage loan securitization of 2016. Unlike the bank’s securitization of nonconforming fixed-rate loans in June, the assets backing the $434.1 million JPMMT 2016-2 transaction are exclusively adjusted rate mortgages. They also include a cross-section of loans not meeting qualified mortgage/ability-to-repay safe harbor protections.

August 16
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