ATLANTA, December 23, 2015 — FIG Partners served as broker for an $83 million sale of jumbo residential whole loan mortgages between two of its financial institution clients.
The loans consisted of a nationwide pool of jumbo residential hybrid ARMs. The weighted average coupon was 3.45%, and the portfolio was sold on a servicing released basis.
FIG Partners began its whole loan trading platform in November 2014. FIG serves its clients with advisory and broker services on whole loan and other fixed-income and balance sheet management transactions.
To learn more about FIG Partners’ whole loan trading capabilities, visit www.figpartners.com.