Imperial Fund in the News

Victor Kutnetsov is the founder and managing director of the Imperial Fund, which serves as the capital partner for some of the top Non-QM lenders, such as A&D Mortgage.

"The SEC is not only holding sponsors accountable, but also the initial purchasers [or underwriters] who frequently make markets in the issued securities and have historically taken positions with opposite interest to their clients and investors," Viktor Kuznetsov, managing director of Imperial Fund

Victor Kuznetsov, Founder and Managing Director, Imperial Fund We believe the Fed has raised rates too high, too quickly, without taking the appropriate time to observe the effects that such drastic changes will have on our economy.

Higher non-QM coupons should significantly surpass agency paper yields in 2024, said Victor Kuznetsov, managing director and co-founder of Imperial Fund, a Hollywood, Fla. based, non-agency, mortgage investment firm.

The roughly 90% decrease driven mainly by elevated interest rates made purchasing multifamily real estate unaffordable for many, said Victor Kuznetsov, managing director and co-founder of Imperial Fund, a high quality, non-agency mortgage investment firm in Hollywood, Fla.

The latest transaction from the Imperial Fund Mortgage Trust will raise $364.8 million in mortgage-backed securities, secured by a pool of primarily newly originated and fixed-rate mortgage loans.

Imperial Fund Mortgage Trust 2023-NQM1 is backed by 974 loans valued at $364.84 million, with 93.8% originated by A&D.

Imperial Fund, a mortgage investment fund headquartered in Hollywood, Fla., has issued its 12th RMBS deal backed by non-QM performing loans.

The Imperial Fund Mortgage Trust is returning to raise funds from the capital markets, this time issuing $322.8 million in mortgage-backed securities secured by a diverse pool of fixed- and adjustable-rate and prime and non-prime first-lien home loans.

KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Imperial Fund Mortgage Trust 2022-NQM4 (IMPRL 2022-NQM4), a $392.1 million non-prime RMBS transaction.

KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Imperial Fund Mortgage Trust 2022-NQM3 (IMPRL 2022-NQM3), a $402.7 million non-prime RMBS transaction. The underlying collateral, comprising 873 residential mortgages, is characterized by a notable concentration of alternative income documentation (95.5%). With respect to the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule, approximately 49.8% of the loans were categorized as non-qualified mortgages (Non-QM). The remaining loans (50.2%) were categorized as exempt from the ATR/QM rule due to being originated for business purposes (i.e., investment properties).

Imperial Fund Mortgage Trust is preparing to tap the capital markets for $408.8 million in residential mortgage-backed securities (RMBS), in a deal where A&D Mortgage plays an enormous role.