Florida-based wholesale lender A&D Mortgage has secured a $250 million capital commitment from alternative asset manager Canyon Partners to support the securitization of non-agency mortgages, the companies announced Monday.

The investment will help accelerate the joint securitization program between A&D and Imperial Fund Asset Management, enabling the issuance of up to $5 billion in non-agency residential mortgage-backed securities (RMBS).

A&D will provide the collateral for the securitizations. Imperial, which has already executed 25 securitizations since 2020, will structure, manage and distribute the non-agency RMBS.

Founded in 2005, A&D originated $3 billion in mortgages in 2024. Last year, the company details ⇒

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