Vista Point Financial completes $333.98m securitization of 100% nonagency CES loans, its fourth issuance since 2019.
Vista Point Financial Holdings, LLC has completed a $333.98m securitization backed by nonagency closed-end second lien (CES) owner-occupied and investor mortgage loans, marking its fourth issuance. Since its launch in 2019, the company has acquired and originated over $5.1bn in nonagency residential loans. This transaction is a first in the industry, featuring 100% nonagency CES. The securitization includes six classes of fixed-rate notes rated AAA to BB by DBRS, Inc.
May 16, 2024
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