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In March Lone Star closed its fourth residential mortgage fund at over $1bn
Deal is the first seasoned performing and reperforming loan deal for Mill City Mortgage this year
Mortgage securitizers Annaly Capital Management, Invictus Capital, Redwood Trust and others are expected to send marketing materials this week for non-prime deals
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The private equity giant previously did RMBS deals from its BINOM shelf.
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Investors able to cherry pick deals from wide variety
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It plans to include transactions backed by second lien fixed rate mortgages originated post-crisis
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Meanwhile, ADMT has set guidance for its $602m non-prime deal
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Issuer brings its first deal this year in busy market after Trump comments
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Trump's promise to buy $200bn of paper has generated a rally
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This is its first securitization of the year, having priced a $493.7m deal in mid-December.
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