An affiliate of Invictus Capital Partners issued its latest nonprime mortgage-backed security this week and Deephaven Mortgage is preparing to close a deal. Invictus’s $249.0 million Verus Securitization Trust 2018-1 received AAA ratings from Morningstar Credit Ratings and S&P Global Ratings. Its senior tranche was supported by subordinated bonds equaling 37.5 percent of the deal. The loans had an average credit score of 700, an average combined loan-to-value ratio of 71.1 percent and ...