Last year saw a bit of innovation in the private-label securitization market, as JPMorgan Chase launched a new securitization option where some of the risk on non-agency #mortgages is transferred to the private market through a risk-sharing deal. But, the Office of the Comptroller of the Currency rejected the innovative securitization structure. What does it mean going forward? http://www.housingwire.com/articles/39200-regulators-deny-jpmorgan-chase-redwood-trust-securitization-innovation ❤️ #share #mortgage
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