A Chinaman's Chance: First Republic Bank out with the first PL-RMBS securitization in the COVID-19 era

Saturday, May 16, 2020

First Republic Bank out with the first PL-RMBS securitization in the COVID-19 era

First Republic Bank plans to launch a $300 million private label residential #mortgage backed securities deal. 10 year interest-only ARMs made to high net worth borrowers.

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