Morgan Stanley Residential Mortgage Loan Trust 2024-INV3 (MSRM 2024-INV3) is issuing 34 classes of mortgage pass-through certificates in the trust’s third transaction in 2024. The deal closed on June 27, 2024 and the sponsor is Morgan Stanley Mortgage Capital Holdings. The transaction consists of 896 investment property mortgages with an aggregate principal balance of $296.7
Goldman Sachs Mortgage is preparing to sell $316.7 million in residential mortgage-backed securities (MBS) to investors and repay them from a pool of 261 prime quality residential mortgages. While the investment bank Goldman Sachs & Co. is the notes’ initial purchaser, the deal is slated to close on June 28, according to Kroll Bond Rating
A pool of 478 first-lien, fixed-rate residential mortgages will secure $548.1 million in pass-through certificates from the Chase Home Lending Mortgage Trust, series 2024-5. The collateral mortgages are fully amortizing with original terms of mainly 30 years to maturity, and a weighted average (WA) loan age of seven months, according to DBRS Morningstar. Almost the
A pool of fully amortizing, fixed-rate second-lien mortgages with 10- and 20-year terms—predominantly the latter—will provide revenue to repay $445 million in mortgage-backed securities from the RCKT Mortgage Trust 2024-CES4. Given future home price declines and a few other characteristics, the collateral pool has high expected loss severity. ¬Yet Rocket Mortgage’s experience as a mortgage
A pool of 410 prime mortgages will serve as collateral for $440.8 million in mortgage-backed securities from the Sequoia Mortgage Trust, the program’s first deal of the new year. The mortgages are largely fully amortizing and fixed-rate, with 30-year terms and virtually all of them (99.6%) are considered qualified mortgage standards, based on the origination