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Mello Mortgage, 2022-INV2, prepares $442 million in MBS

Self-employed borrowers accounted for 29.8% of the pool, while loans with co-borrowers and multiple borrowers accounted for 39.9% and 9.8%, respectively.

Private-label market wraps up January with a roar

At least 25 transactions collateralized by more than 27,000 mortgages valued at $14.3 billion hit the market in January, based on an analysis of the flurry of bond-rating reports published over the month.

loanDepot Closes Securitization of Residential Investment Property Mortgages

loanDepot Closes Securitization of Residential Investment Property Mortgages
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loanDepot Announces Closing Of $597M Securitization

loanDepot Inc. has announced the closing of Mello Mortgage Capital Acceptance 2022-INV1, a $597 million securitization of agency-eligible mortgages secured by residential investment properties, originated through its retail and partner channels.  Over the past twelve months, the company said, loanDepot entities have sponsored over $3 billion in private label residential mortgage-backed securities (PLS) across eight transactions.

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