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» Latest Servicing-Advance Securitization from New Residential Rated AAA by Morningstar
Latest Servicing-Advance Securitization from New Residential Rated AAA by Morningstar
Our Price:
$55.00
Inside MBS & ABS
Product Details
A planned MBS from affiliates of New Residential Investment received much higher ratings than a similar deal issued by the firm in 2016. The deals are backed by the excess spread tied to servic-ing rights on non-agency mortgages.