A post-crisis first: Performing jumbo reverse mortgage bonds

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  • A post-crisis first: Performing jumbo reverse mortgage bonds
    A post-crisis first: Performing jumbo reverse mortgage bonds

    Waterfall Asset Management is marketing $571 million of bonds backed by jumbo reverse mortgages that were originated before the credit crisis and are still performing. It’s the first deal of its kind with a public credit rating since 2007, according to Kroll Bond Rating Agency. Reverse mortgages allow borrowers […]

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