Neuberger Berman fund readies non-QM RMBS deal
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Neuberger Berman fund readies non-QM RMBS deal

US houses

Homeward Opportunities Fund I, a private equity fund controlled by asset manager Neuberger Berman, is issuing an RMBS backed by $485.5m worth of non-qualifying mortgages (non-QMs), or mortgages which do not conform to the purchasing standards of Fannie Mae and Freddie Mac.

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