PIMCO hits secondary market with first non-QM mortgage bond offering

PIMCO hits secondary market with first non-QM mortgage bond offering
PIMCO, once a major player in the secondary mortgage market, is making a new mortgage play, as the bond giant is about to enter the secondary market for loans that don’t fit into the Qualified Mortgage box with a $382.45 million mortgage bond offering backed by loans originated by Capital One.
Source: https://www.housingwire.com/rss