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Home » Store » Profitability » Chase Makes Some Changes with Latest MBS

Chase Makes Some Changes with Latest MBS

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Profitability

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The second large prime non-agency mortgage-backed security from JPMorgan Chase will differ somewhat from the pioneering deal the bank priced in March. Among other changes, the Chase Mortgage Trust 2016-2 is larger than the previous MBS and includes a higher share of jumbos, according to presale reports. The MBS issued late this week totaled $2.65 billion, with mortgages eligible for sale to the government-sponsored enterprises accounting for 55.0 percent of ...
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