Vista Point Financial Holdings closed a $227M securitization of closed-end second lien mortgages, its second such issuance.

Vista Point Financial Holdings has closed a $227 million securitization of closed-end second lien mortgages, its second such issuance. Since its 2019 launch, the Irvine-based company has originated over $5.8 billion in nonagency residential loans, including $800 million in closed-end second liens. The firm has also introduced an adjustable rate HELOC for its business partners, aiming to support underserved borrowers. J.P. Morgan Securities acted as the lead underwriter for the transaction.

September 26, 2024
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