New disclosures provide a view into socially oriented lending activities.
Investor Loans
Transaction includes approximately 61 loans totaling $13 million in unpaid principal balance.
Sold approximately 5,650 loans totaling $936.9 million in unpaid principal balance, divided into four pools.
It might be a case, instead, of higher prices attracting investors
T.J. Durkin, MITT president, to also assume role of CEO.
BRAVO 2022-NQM3 notes are supported by 920 loans with a total interest-bearing balance of approximately $387 million.
The $255.3 million non-prime residential mortgage-backed securities transaction is sponsored by Sutton Funding LLC.
Notes are supported by 681 loans with a total unpaid principal balance of approximately $358.9M.
The $359 million non-prime RMBS transaction comprises 681 mortgages, 83.5% of which utilized alternative income documentation.
SGR 2022-2 is a $349.5 million non-prime RMBS transaction comprising 670 residential mortgages, with 51.6% of the loans categorized as Non-QM.