AIG

The $430.2 million PSMC 2020-1 transaction is a pool of 602 large-sized loans with an average loan balance of $715,978, all of which meet CFPB's QM standards.

Carlyle and T&D Holdings Inc., the parent of one of Japan’s largest life insurers, agreed to buy the majority of Fortitude Group Holdings.

The PSMC 2019-3 Trust is bringing $298.6 million in notes to the market, backed by residential mortgages rounded up by subsidiaries of American International Group.

The transaction, cooperatively sponsored by the insurer's residential mortgage lending group of five home-loan entities, is among the smaller of AIG’s recent prime jumbo pools that have been as high as $429 million.

The credit characteristics of borrowers are similar to those of the insurer's previous transaction in March, with a weighted average FICO of 777, income of $243,738 and liquid reserves of $236,904.

The $446 million Pearl Street Mortgage Company 2018-1 Trust is backed by 30-year, fixed-rate loans with credit characteristics in line with recent private-label prime jumbo transactions rated by Fitch Ratings.

Participants at the Structured Finance Industry Group conference in Las Vegas say that future deals could be linked to the performance of jumbo, as well as conforming loans.

American International Group is accessing the securitized market through a Credit Suisse deal backed by loans that were generally originated less than a year after TRID.

American International Group Inc. could securitize through a unit it has previously used to buy jumbo loans.