Imperial Fund in the News

"High cost of living areas can deplete disposable income making it harder to save for retirement or invest in real estate,” said Yuri Nosenko a wealth adviser at Hollywood, Florida-based Imperial Fund Asset Management.

The securitization was launched in partnership with Atlas Merchant Capital and Imperial Fund Asset Management, building on their recent securitization deal with the ADMT 2024-NQM5 transaction.

Finally, A&D Mortgage, working with Atlas Merchant Capital and Imperial Fund Asset Management, have priced a $303.9 million non-QM securitization, A&D Mortgage Trust 2024-NQM6. This follows an October securitization from the company.

"Securitization remains a cornerstone for expanding access to capital, especially within the Non-QM mortgage sector," said Bob Diamond, founding partner and CEO of Atlas Mortgage Capital in the A&D press release. "This deal represents a sound investment, fortified by strong credit enhancements and dynamic collateral, making it resilient against market fluctuations."

A&D Mortgage, a Non-QM lender; Atlas Merchant Capital; and Imperial Fund Asset Management, have successfully priced its latest securitization, A&D Mortgage Trust 2024-NQM6 (ADMT 2024-NQM6). This $303.9 million transaction, backed by 872 newly originated non-prime residential mortgages, reflects the success of this joint venture in addressing the evolving needs of borrowers and investors.

"High cost of living areas can deplete disposable income making it harder to save for retirement or invest in real estate,” said Yuri Nosenko a wealth advisor at Hollywood, Florida-based Imperial Fund Asset Management.

“Over the past decade, real wages (adjusted for inflation) have grown by less than 0.5% annually, while the cost of living has increased much faster,” said Yuri Nosenko, wealth advisor at Imperial Fund Asset Management.

This new issuance followed A&D Mortgage's recent partnership with Atlas Merchant Capital and Imperial Fund Asset Management, formed to boost A&D’s non-QM mortgage securitization platform.

Victor Kuznetsov, managing director of Imperial Fund, the capital markets arm of non-QM RMBSissuer A&D Mortgages, told GlobalCapital that tailwinds did not depend on the outcome.
“The market is definitely flooded now compared to [election] week,” he said. “However, I don’t think there will be a much different trajectory for RMBS no matter who is elected.”

"High cost of living areas can deplete disposable income making it harder to save for retirement or invest in real estate,” said Yuri Nosenko a wealth adviser at Hollywood-based Imperial Fund Asset Management.

So long as many Americans continue to go independent and start their own small businesses rather than work for massive multi-national conglomerates, non-QM lenders will have strong product demand, and non-QM RMBS issuance will remain elevated. Home prices are expected to remain stable on average due primarily to the fundamentals (high demand and low supply).

The change resulted from the convergence of several macroeconomic events, rapidly increasing interest rates, high non-agency RMBS yields, and a significant drop in conventional mortgage originations, said Victor Kuznetsov, managing director and co-founder of Imperial Fund, a Hollywood, Fla., based mortgage investment firm.