Caliber Home Loans’ next non-prime mortgage securitization is nearly twice as large as its previous deal, completed in December.

The $402.65 million dollar transaction is backed by 853 loans, all of them originated either by Caliber itself or by Sterling Bank & Trust. By comparison, the previous deal was sized at just $225.75 million, despite the fact that it included loans originated by a third party, Lendsure – a sign that lending volume have picked up significantly.

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