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Home » Despite Investor Uncertainty, Flurry of Jumbo MBS Issuance at End of the Second Quarter
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Despite Investor Uncertainty, Flurry of Jumbo MBS Issuance at End of the Second Quarter

July 3, 2013
Credit Suisse and Shellpoint Partners decided to damn the torpedoes and issue a total of three non-agency jumbo MBS at the end of the second quarter of 2013 despite concerns about investor appetite. The Shellpoint MBS was a proof-of-concept affair, while at least one of the Credit Suisse deals appears to be aimed at unloading seasoned originations from one lender. The three deals totaled $1.10 billion. Analysts at Bank of America Merrill Lynch said...
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