Fintech, specialty finance firm team for first-of-its-kind investment securitization backed entirely by home equity investments.
The sale consists of approximately 18,800 loans with an unpaid principal balance of about $2.9 billion
KBRA assigned preliminary ratings to 27 classes of mortgage pass-through certificates from Provident Funding Mortgage Trust 2021-J1 (PFMT 2021-J1).
Knowledgeable Investors Have The Advantage Over Newbies In Pandemic Housing Market
Loan pool comprises 469 residential mortgages with an aggregate principal balance of $428.7 million
Lately, small investors have been picking up a significant share of the investment market at the expense of their much larger counterparts.
Nearly 64% Of The Mortgages In The Offering Are Non-QM Loans
Actively-Managed ETF Will Be Subadvised By Manulife Investment Management
Loans Originated By NewRez, HomeBridge, and United Shore Financial
Certificates Package Totals $478.34M, Includes No Non-QM Loans