Agate Bay’s third residential mortgage backed securitization of this year pools loans with lower leverage and higher FICOs compared to the issuer first two deals of the year, according to Kroll Bond Ratings Agency.

The deal, called Agate Bay Mortgage Trust 2015-3, securitizes a pool of jumbo, prime, residential, 30-year, fixed-rate mortgage loans worth $241 million. The average loan is sized $719,581.

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