Strong Investor Demand for Non-Agency MBS Backed By Seasoned Mortgages, Jumbos and Nonprime Loans
May 12, 2017
Investors had a strong appetite for new non-agency MBS in the first quarter of 2017, according to issuers. “I am continuously amazed by how quickly we bring a deal out and how quickly the senior bonds gets sold,” Matthew Lambiase, president and CEO of Chimera Investment, said during the real estate investment trust’s earnings call for the first quarter. Chimera issued...