Firm Looks to Help PLS Lenders, Aggregators Prepare For New Regulation and Requirement Landscape
September 8, 2017
Private-label issuance all but disappeared since the recession and is finally expected to make a comeback, but lenders and aggregators will have a host of new requirements to meet. One firm is planning to help the industry navigate today’s landscape by offering a solution aimed at non-agency MBS readiness for new and old issuers. Clayton Holdings announced last week that it designed a program to help lenders and aggregators with their due diligence by understanding and preparing to comply with the new rules surrounding securitizing these non-agency assets. The firm hopes...
It will be the 11th issuance of its type by loanDepot.
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