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The deal is backed by mortgages originated by Quantum Mortgages
Asset manager wants to offer more products to institutional investors
Pepper also announced a sterling non-conforming RMBS
More articles
More articles
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Deal primarily backed by loans originated by specialist lender RNHB
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Blackstone priced its triple-As well inside guidance
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The acquisition was announced a day before Lendco priced its Atlas securitization
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Non-qualified mortgage securitizer is bringing third deal of year for $424m
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BINOM shelf used for latest deal
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Vida Bank is also building up its funding team
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Deal is LendCo's eighth public securitization from its Atlas shelf
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According to Bank of America, non-agency RMBS issuance for last week was around $3bn.
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In March Lone Star closed its fourth residential mortgage fund at over $1bn