Ace Securities Corp. filed a Form S-3 with the Securities and Exchange Commission to issue mortgage-related offerings.
According to the filing, each of these offerings will generally consist of two or more of the following assets listed.
They might have mortgage loans, which may include closed-end and/or revolving home equity loans or balances thereof, secured by one- to four-family residential properties, commercial properties, multifamily properties, mixed-use residential and commercial properties or unimproved land unsecured home improvement loans.
These assets also include manufactured housing installment sale contracts as well as mortgage passthrough notes/certificates issued or guaranteed by Ginnie Mae, Fannie Mae, or Freddie Mac.
Previously issued ABS or MBS notes or certificates backed by mortgage loans secured by residential properties or participations in those types of loans might also be part of these offerings.
The following is the link to the filing:
