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Home » Unique Features in Credit Suisse’s Third Non-Agency Jumbo MBS Issuance of 2012
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Unique Features in Credit Suisse’s Third Non-Agency Jumbo MBS Issuance of 2012

December 7, 2012
A new non-agency jumbo MBS from a subsidiary of Credit Suisse Group includes some key differences compared with Redwood Trust deals, while pumping life into the non-agency market. DLJ Mortgage Capital issued a $329.89 million non-agency jumbo MBS late last week via a private placement; it was the company’s third of 2012. CSMC Trust 2012-CIM3 received a AAA rating from Standard & Poor’s with credit enhancement of 5.85 percent on the top-rated tranche. The new Credit Suisse deal included...
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