Non-QM
Notes are supported by 681 loans with a total unpaid principal balance of approximately $358.9M.
Shifting product focus to enhance borrower options.
From 330 in 4Q 2021, headcount now stands at 170 for California lender
The $359 million non-prime RMBS transaction comprises 681 mortgages, 83.5% of which utilized alternative income documentation.
Daniel Sheehy brings over 30 years of sales and management expertise in the mortgage industry.
The $391.8 million, non-prime RMBS transaction is sponsored by DLJ Mortgage Capital Inc.
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.
Approximately 60% of the loans pooled in the $489.8 million non-prime RMBS transaction are categorized as Non-QM.
Locations include three in South Carolina and one each in North Carolina and California.