Knock, a real estate technology company that helps homeowners to buy before they sell, on Tuesday announced the close of its inaugural $100 million securitization.

Cantor Fitzgerald & Co. served as the initial purchaser and bookrunner for the transaction, which closed on Aug. 14 and generated strong demand from well-established institutional investors in residential mortgage-backed securities (RMBS), including money managers and hedge funds.

The securitization was 75% prefunded. The 25% funded portion was composed of loans with a 766 weighted average FICO score, 35% loan-to-value ratio and 72% closed LTV.

As a result, the company confirmed that it is now details ⇒

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