Citigroup, Winwater RMBS and SFR deals liven up summer pipeline

house calculator
By Matthew Scully
17 Jun 2014

New deals in rare asset classes and legacy paper are keeping the summer slowdown at bay this week as jumbo RMBS from Citigroup, WinWater, a new single-family rental transaction, and a handful of esoteric ABS deals fill into the US pipeline.

Citigroup is making a splash with a new RMBS, which is backed by 285 jumbo mortgages with a total principal balance of $217.98m and average FICO scores of 777. 

The largest originators of the pool include Stearns Lending, Nationstar Mortgage, Freedom Mortgage Corporation. Nationstar will service over 70% of ...

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