A number of lenders and issuers have seen better execution for GSE-eligible investment-properties in non-agency MBS instead of delivering the product directly to Fannie and Freddie...
Wells Fargo is looking like a regular issuer of jumbo MBS these days. The bank tested the market in October and January and is currently working on a $553.6 million deal.
It will be the 11th issuance of its type by loanDepot.
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