Advanced Search

Volume 2018 - Number 19

September 21, 2018

Chimera Preps Investment-Property MBS

Chimera Investment is preparing to issue a non-agency mortgage-backed security in which all the loans are eligible for sale to the government-sponsored enterprises. The deal is backed solely by mortgages on investment properties, according to presale reports by DBRS and Moody’s Investors Service. The deal follows a similar issuance in May by Flagstar Bank as industry analysts suggest that non-agency MBS offer issuers better execution than delivering some types of ...

Subscribers to Inside Nonconforming Markets have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.

Subscriber Log In

If you are a current subscriber or already purchased this article, please login below.

Forgot your password?

Already subscribe but haven't registered for all the benefits of the website?


This biweekly is the leading source of news and data on non-agency residential mortgages.



You can purchase this article for $55.00 without subscribing and always have access to it on

Pay Per View

Please contact Customer Service if you need assistance: 1-800-570-5744


Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.


The wholesale/table funder. They’re taking the financial risk.


The broker, but only for the first year. After that, the borrower is fair game.


Hard to answer. It’s a complicated issue.