| Rev Cred/Home Eq | 41% | |
| Credit Card Rec | 13% | |
| Auto Loans/Recs | 13% | |
| Non-Jumbo Mtg Ln | 12% | |
| Student Loans | 6% | |
| Other | 15% | |
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The deal will raise about $175 million in securitized bonds, backed by a pool of residential investors loans (42.1%) and traditional small-balance commercial (SBC) mortgages.
30m ago -
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
5h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
6h ago -
The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
August 10 -
Despite the variety of loans in the pool, the vast majority of assets are considered qualified mortgages, with only 10.9% considered non-QM.
August 10 -
The July jobs report was bad, but the context is worse: people leaving the labor force, stubborn inflation and rising bond yields.
August 10









