Imperial Fund closed on its seventh securitization, IMPRL 2022-NQM2 rated by Fitch Ratings
IMPRL 2022- NQM2: $408.8M deal that closed March 14th, 2022, with 737 weighted average credit score and 72.4 weighted average loan to value. 66% of the loans in this pool were purchases with the rest being refinances. 2022-NQM2 had a 4.7% weighted average mortgage interest rate with 41.5% of the pool in Florida, 15.5% in California and 27% in New York. 57.5% of the properties in this pool were owner occupied, 40.7% were investment properties and 1.8% second homes.