Slate of new MBS announced; A&D offers high-FICO discount on non-QMs, UWM updates jumbo program; Stellar approved for due diligence by DBRS Morningstar.
Sterling Bank and Trust leadership said they were optimistic that they will be able to move forward after paying $27.2 million in restitution to shareholders tied to fraud on a shuttered non-QM program.
It will be the 11th issuance of its type by loanDepot.
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