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» Angel Oak Issues MBS Backed by Fix-and-Flip Loans, Rating Services Developing Criteria for Such Deals
Angel Oak Issues MBS Backed by Fix-and-Flip Loans, Rating Services Developing Criteria for Such Deals
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$55.00
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Angel Oak Capital Advisors recently issued its first MBS backed by fix-and-flip loans. The firm plans regular issuance of such deals, which could receive credit ratings once the rating services develop criteria for them.