JPMorgan is returning to a familiar structure as it again pools large-market prime jumbo mortgages for investors in collateralized residential mortgage loans.

JPMorgan Mortgage Trust 2016-5 (JPMMT 2016-5) is a transaction that features 455 home loans with a collected balance of $385.33 million. The loans are in expensive markets such as San Francisco and New York, issued to wealthy borrowers with not only superior credit scores (weighted average of 767), but ultra-low loan-to-value ratios (60.6%) and copious levels of cash with average liquid reserves of $1.76 million.

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