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Home » Store » Mortgage Insurance » Arch Brings First Mortgage Insurance Linked-Notes Deal with Credit Rating

Arch Brings First Mortgage Insurance Linked-Notes Deal with Credit Rating

$55.00
Mortgage Insurance

Product Details

Arch Capital Group is set to issue a mortgage-insurance linked note transaction. Unlike two other re-insurance deals from a similar shelf, Bellemeade Re 2017-1 received credit ratings, expanding the investor base for the transaction. A mezzanine tranche of the deal received preliminary BBB ratings from Morningstar Credit Rat-ings this week. Mortgages delivered to the government-sponsored enterprises with an unpaid principal balance of $29.30 billion are included in the transaction ...
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