UNITED STATES

摘要

Hedge fund - angeloar capital said it plans to originate up to US$1bn in riskier so-called non-qualified mortgage loans next year, with an eye to securitising them in new RMBS deals. Just days after closing its first non-QM securitisation, which was years in the making, capital markets head John Hsu said the company plans a bold expansion of the programme in 2016. "I've been working on the non-QM project for over two years," said Hsu on Thursday, noting that buyside and sellside alike were still scarred by the implosion of the sub-prime mortgage market. "In that time, you went from being a pariah to talking about something people have become much more comfortable with."