DLJ Mortgage Capital, a Credit Suisse subsidiary, plans to issue $363.6 million of securities backed by fixed rate residential mortgage loans that are secured by single and two-to-four family residences, condominiums, co-ops and planed urban developments to prime borrowers.

The notes are backed by 526 prime residential mortgage loans acquired by DLJ Mortgage Capital. The loans 30-year, mostly fixed ratethat were purchased from Quicken Loans Inc. (33.2%), Fifth Third Mortgage Company (13.1%), First Republic Bank (FRB, 10.7%), Caliber Home Loans (6.1%), Sierra Pacific Mortgage Company (5.1%) and various other originators, each comprising less than 5% of the mortgage loans. 

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.