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This marks the second transaction from the shelf, backed by 651 first-lien, fully amortizing fixed-rate mortgages.
August 27 -
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.
August 27 -
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.
August 27 -
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.
August 27 -
The rating agency said CLO diversity insulates them from sector-specific shocks, fortifying them against the current weakness in software.
August 27 -
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%.
August 26
Published July 23, 2012, 10:18 a.m. EDT
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