Bayview launching RPL RMBS deal

bayview
By Ryan Bolger
15 Apr 2015

Bayview Asset Management’s $151.675m securitization of re-performing loans was close to pricing as GlobalCapital went to press on Thursday.

The deal follows Bayview’s purchase of $153.1m of non-performing loans from Freddie Mac during an auction in February. Investors in securities backed by re-performing and non-performing mortgages told GlobalCapital then that they expected Bayview to securitize those loans.

Bayview was expected to either securitize the NPLs or ...

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