There are pros and cons to this deal. Nearly half of the borrowers show a prior credit event, including foreclosure, bankruptcy, short sale or deed in lieu of foreclosure. However, the average borrower holds $230,000 in liquid reserves. And Fitch said there are some concerns on the issuer side as well, which limited the strength of the rating; the highest pool is single-A. http://www.housingwire.com/articles/37232-trailblazer-caliber-home-loans-markets-non-prime-mortgage-bond ❤️ #share #mortgage
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