loanDepot prices inaugural prime jumbo deal

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By Sasha Padbidri
12 Apr 2018

loanDepot, an online mortgage and consumer loan lending company, closed its inaugural securitization this week, as it seeks to take advantage of non-agency MBS investor demand.

Credit Suisse andBank of America Merrill Lynch led the $300m Mello Mortgage Capital Acceptance 2018-MTG1. The deal is backed by prime jumbo loans underwritten using loanDepot criteria and high-balance GSE loans underwritten to Freddie Mac or Fannie Mae guidelines. loanDepot declined to comment on pricing info.

Jeff DerGurahain, ...

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