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Home » TRID Issues Persist in Non-Agency Market; New MBS Avoids Liability Altogether
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TRID Issues Persist in Non-Agency Market; New MBS Avoids Liability Altogether

April 22, 2016
Relatively strong pricing for a jumbo mortgage-backed security issued at the end of March appears to have done little thus far to open the spigot for deals that include loans subject to the TRID mortgage disclosure rule. The $331.95 million Agate Bay Mortgage Trust 2016-2 was issued by Two Harbors Investment at the end of March. The deal included 43 mortgages subject to TRID, many of which had initial compliance exceptions. Analysts at Interactive Data said ...
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