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Home » Morgan Stanley to Issue Unique Jumbo MBS
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Morgan Stanley to Issue Unique Jumbo MBS

August 15, 2014
Morgan Stanley was set to issue its first jumbo mortgage-backed security since the financial crisis this week. The $256.48 million deal differs from most jumbo MBS issued in recent years in that all the loans were sourced from one lender, and they’re all adjustable-rate mortgages, including a fair number of interest-only loans. Morgan Stanley Residential Mortgage Loan Trust 2014-1 was scheduled to close Aug. 15. Fitch Ratings and Standard & Poor’s gave the deal ...
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