Starwood Property Trust in non-qualified residential mortgage loan securitisation
- Dr P Singh
- Apr 22, 2020
- 1 min read
Its inaugural residential mortgage securitization, STAR 2018-IMC1, a $374 million transaction is comprised (primarily) of non-QM residential loans, backed by 100% Impac Mortgage Corp. originated or acquired mortgages.
Mr. Jeffrey F. DiModica, President of Starwood Property Trust (SPT) commented, "The closing of this securitization represents a further diversification of funding sources"
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