Springleaf Preps For $787 Mln MBS Deal
Subprime lender Springleaf Financial is said to be preparing a $787 million residential mortgage-backed securities deal, with some $538.5 million of the debt rated AAA.
Subprime lender Springleaf Financial is said to be preparing a $787 million residential mortgage-backed securities deal, with some $538.5 million of the debt rated AAA. Sources said Springleaf is planning not to offer some notes in the securitization.
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