Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo
Lender

RESIMAC issues its first RMBS for 2008

3 minute read
The Adviser

Non-bank lender RESIMAC has issued its first prime RMBS deal for 2008.

Though on the small side, the $100 million deal shows there are signs of life in the capital markets and bodes well for the non-bank sector.

Standard & Poor’s yesterday rated the $82.7 million Class A notes AAA. The AB tranche of $13m received a AAA rating and the $4.3m B tranche received a AA- rating.

Pricing on the deal was not available.

Published: 07-08-08
default

JOIN THE DISCUSSION

You need to be a member to post comments. Become a member for free today!
You have 0 free articles left this month.
Register for a free account to access unlimited free content, or become a PREMIUM MEMBER to enjoy a wide range of benefits