Amresco came to town last week to nail down what looks to be the first-ever home builder loan securitization. The Dallas-based firm also looks to securitize this collateral again, and in bigger volume as the program grows.

The $129 million deal was issued by Amresco's Home Builder Financing Group, which lends to entry-level or first-time move-up single families who are having their house built. Banc of America Securities led the offering.

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