Thursday, 28 October 2021 | The Latest Buzz for the Appraisal Industry

Home Capital Prices $425 Million in Residential Mortgage-backed Securities

Home Capital Group Inc. and its Home Trust Company subsidiary have announced the pricing of a private placement of residential mortgage-backed securities (RMBS) to be issued by Classic RMBS Trust, a securitization vehicle sponsored by Home Trust.

The securities are backed by a portfolio of near-prime, uninsured residential mortgages that were originated by and will be serviced by Home Trust. The securities are comprised of A, B and Z tranches that aggregate $500 million

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