A&D Mortgage announces $459M RMBS transaction
Briefly

A&D Mortgage has enhanced its portfolio with a transaction consisting of 1,290 loans, mainly related to investment properties, including non-QM loans. The weighted average credit score stands at 745, with a loan-to-value ratio of 68.9%. They aim to be industry leaders, reflected in their recent acquisition of Mr. Cooper Group's wholesale businesses, expected to close soon. Moreover, A&D partnered with Atlas Merchant Capital to grow their $7 billion securitization platform, diversifying their offerings in the securitized loan market.
The goal of A&D Mortgage is to dominate the market, and the recent transaction is a crucial milestone towards achieving that ambition.
A&D's close integration with Atlas Merchant Capital aimed to diversify its securitization offerings and establish a presence across various security types.
Read at www.housingwire.com
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