Barclays

Non-prime residential mortgages underpin $298.9 million in RMBS

A pool of first-lien, non-prime mortgages will provide collateral for $298.9 million in residential mortgage-backed securities (RMBS) that Blue River Mortgage is bringing to market. Known as GCAT 2025-NQM7 Trust, the transaction is expected to close on December 3, and has a meaningful concentration of non-qualified mortgages, including 23.6% considered non-QM; 37.7% that are safe […]

Non-prime residential mortgages underpin $298.9 million in RMBS Read More »

PRPM’s mortgage assets support $263.9 million in RMBS

A pool of residential mortgages, a substantial amount of which are not subject to ability-to-repay rules or had been modified several years ago, will provide collateral for $263.9 million in residential mortgage-backed securities (RMBS) from the PRPM 2025-RCF4 deal. Some 16.2% of the loans in the collateral pool have been modified. In the case of

PRPM’s mortgage assets support $263.9 million in RMBS Read More »

Ellington Financial’s latest MBS raises $345.8 million from investment properties

A pool of 1,248 mortgage loans on a range of investment residential properties, including single-family homes, condominiums and multi-unit properties, will secure $345.8 million in mortgage-backed securities through the Ellington Financial Mortgage Trust 2025-INV2 transaction. The deal, EFMT 2025-INV2, offers notes through about nine tranches of class A, M and B notes, with X and

Ellington Financial’s latest MBS raises $345.8 million from investment properties Read More »