| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 220,499.6 | 272,329.0 | 323,395.6 |
| ABS (Public + 144A excluding CDOs) | 193,900.9 | 193,817.9 | 223,880.4 |
| ABS (Public Only) | 85,236.6 | 99,243.7 | 133,172.1 |
| ABS (144A Only) | 135,263.0 | 173,085.4 | 190,223.5 |
| Non-Agency MBS | 87,927.4 | 136,676.7 | 133,145.4 |
| Agency MBS | 289,770.7 | 236,371,1 | 211,441.4 |
| CMBS | 128,104.1 | 108,935.4 | 100,785.8 |
| Source: Thomson Reuters | |||
This marks the second transaction from the shelf, backed by 651 first-lien, fully amortizing fixed-rate mortgages.
All loans in the deal's portfolio were made to investors and underwritten based on property cash flow and rental income to determine borrower eligibility.
A federal judge Wednesday said the Department of Housing and Urban Development failed to justify a sharp overhaul of a long-standing fair-housing grant program.
If Fed Chair Kevin Warsh's comments lack substance on inflation in the market's opinion, it is likely to drive mortgage rates even higher, NerdWallet warned.
The rating agency said CLO diversity insulates them from sector-specific shocks, fortifying them against the current weakness in software.
Non-QM securitizations hit $78B as lenders ease guidelines to capture unserved borrower demand, even as total impairments rise for the 10th time in 13 months to 6.27%.
