J.P. Morgan plans to sell $303 million of rated securities that are backed entirely by a pool of 15-year, prime, jumbo, fixed-rate mortgages under its securitization trust J.P. Morgan Mortgage Trust 2014-2.  

According to Kroll Bond Ratings, this is the first deal, rated by the agency that is backed entirely by the shorter dated, fixed-rate mortgages.  Mortgage pools backing recent securitizations rated by KBRA included 15-year, fixed-rate mortgages in limited concentrations, usually mixed in with hybrid adjustable-rate mortgages or 30-year FRMs.

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