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» Rated MBS Backed by Fix-And-Flip Bridge Loans Likely, Morningstar Will be Conservative, Initially
Rated MBS Backed by Fix-And-Flip Bridge Loans Likely, Morningstar Will be Conservative, Initially
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Originations of fix-and-flip bridge loans have increased significantly in recent years and the collateral could soon be included in MBS with credit ratings. A handful of unrated deals backed by the loans have been issued with limited notice.