Non-QM securitizers still searching for supply

Ryan Bolger

July 08, 2015 09:30 PM

ireland houses — Houses stand vacant in the Castlemoyne development in North Dublin, Ireland, Friday, Nov. 19, 2010. This development is one of the many, so called, ghost estates that have been been largely abandoned and left unfinished across many parts of Ireland due to the financial crisis which has struck Ireland. Irish officials said Friday that talks are under way in Dublin involving various government departments and agencies together with more than 40 officials from the European Central Bank and Washington-based IMF, as tough negotiations are taking place to avert the crisis over the Irish government debt. (AP Photo/Peter Morrison) | Peter Morrison/AP/Press Association Images

The first securitizations of mortgages that fall outside of post-crisis origination guidelines are taking longer than expected because of a lack of supply, say market participants.

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Ryan Bolger