Five Oaks looks to launch own shelf

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By Ryan Bolger
15 Oct 2014

Five Oaks Investment Corp. plans to acquire more jumbo mortgages and aspires to launch its own RMBS shelf by the end of next year, following the completion of the company’s first securitization last week.

That deal, JPMMT Trust 2014-OAK4, was issued by JP Morgan on October 9. The notes were backed mostly by loans originated by Five Oaks, a real estate investment trust that has focused on acquiring jumbo mortgages. Five Oaks purchased all of the deal’s subordinated notes. 

Five ...

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