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Volume 2018 - Number 21

October 19, 2018

More MBS Mix Jumbos and GSE-Eligible Loans

The latest prime non-agency mortgage-backed securities from Flagstar Bank and loanDepot include a mix of mortgages eligible for sale to the government-sponsored enterprises and non-agency jumbo mortgages. Flagstar included a further twist with its MBS, as the GSE-eligible mortgages are for investment properties. Such loans account for 77.9 percent of the planned $326.2 million Flagstar Mortgage Trust 2018-6RR. The issuance follows a $329.1 million deal that Flagstar issued in May ...

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