General World News

Goldman Sachs plants its flag in the jumbo-loan gold rush


Investment bank Goldman Sachs, through its affiliate Goldman Sachs Mortgage Co., has sponsored 18 private-label transactions so far in 2021 backed by more than 20,000 loans valued collectively at $9.9 billion, an analysis of bond-rating reports shows.

Goldman Sachs’ string of residential mortgage-backed securities (RMBS) offerings this year were dominated by a dozen prime jumbo-loan deals backed by loan pools valued at $7.7 billion. Securitizations in the prime jumbo space have been on a tear so far in 2021.

MAXEX, which operates a major loan-aggregating platform that serves the RMBS market, indicates that through October, the loan-pool value details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com