Tuesday, December 13, 2016

SoFi prepares to launch first mortgage securitization

SoFi is preparing for its first ever residential mortgage-backed security transaction just two years after breaking into the mortgage business. And looking over the presale report from Fitch Ratings, the pool of loans looks attractive. For starters, Fitch stated that the collateral attributes of the pool are among the strongest of its rated pools. And they’ve rated a lot of pools.

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