Report: Nationstar plans $158.2M RMBS sale
Bloomberg reporters noted in an e-mail Tuesday that mega server Nationstar (NSM) could price a $158.2 million residential mortgage-backed securities deal in the coming days.
Nationstar had no comment on the report.
The publication’s reporters, Jody Shenn and Christopher DeReza, suggested the deal will settle on Dec. 10. It reportedly comes with a triple-A rating, credit support, and a coupon rate of 3.75%, according to preliminary Bloomberg data.