July 29, 2016: ABS Managers
Published July 29, 2016, 10:10 a.m. EDT
1 Min Read
For reprint and licensing requests for this article, click here .
MORE FROM ASSET SECURITIZATION REPORT
-
The securitization is backed by a 174,000-square-foot, 30-megawatt hyperscale data center in Elk Grove Village near Chicago.
August 28
-
The deal is backed by recently originated, 30-year fixed-rate mortgages with an average combined loan-to-value ratio of 75.1%, according to Morningstar DBRS.
August 28
-
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
Load More