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From HW Magazine

Don't call it a comeback -- because it's not

A real restart for private-label RMBS issuance faces a daunting set of obstacles

Jan 2014 cover
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A financial industry publication recently reported, “Carrington Mortgage, Citadel Servicing and New Penn Financial are planning securitizations of newly originated subprime mortgages.” The publication went on to say in breathless tones that “[t]he offerings, on the slate for 2014, would confirm recent predictions that deals would soon start flowing in the asset class…”
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