Advanced Search

Volume 2019 - Number 6

March 15, 2019

New Residential Preps its Second Non-QM MBS of 1Q

Issuance of mortgage-backed securities with non-qualified loans continues at a brisk pace, with a new deal from New Residential Investment in the pipeline. The issuance will be backed by loans that carry a total unpaid principal balance of $305.83 million, according to presale reports by Fitch Ratings and Morningstar Credit Ratings. Loans in the MBS have seasoned for an average of 4.1 months. The deal will close next week. This is the second deal from the company this quarter with ...

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?

Subscribe

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

 

Pay-Per-View

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

Pay Per View

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

Poll

Which is your biggest priority for the coming months?

Growing production
Expanding into new markets
Managing costs
Regulatory concerns
Updating our technology
None of the above

vote to see results