loanDepot prices inaugural prime jumbo deal

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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