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Imperial Fund closed on its eleventh securitization, IMPRL 2022-NQM6 rated by Fitch Ratings and DBRS Morningstar
IMPRL 2022- NQM6: $410.1M deal that closed September 27th, 2022, with 729 weighted average credit score and 72.98 weighted average loan to value. 72.72% of the loans in this pool were purchases with the rest being refinances. 2022-NQM6 had a 7.5% weighted average mortgage interest rate with 47.4% of the pool in Florida, 15.6% in California and 16.7% in New York. 49.7% of the properties in this pool were owner occupied, 49% were investment properties and 1.2% second homes.
Imperial Fund closed on its tenth securitization, IMPRL 2022-NQM5 rated by Fitch Ratings and KBRA
IMPRL 2022- NQM5: $341.2M deal that closed August 4th, 2022, with 737 weighted average credit score and 70.2 weighted average loan to value. 64% of the loans in this pool were purchases with the rest being refinances. 2022-NQM5 had a 6.7% weighted average mortgage interest rate with 39.2% of the pool in Florida, 17% in California and 18% in New York. 45.8% of the properties in this pool were owner occupied, 52.4% were investment properties and 1.8% second homes.
Imperial Fund closed on its ninth securitization, IMPRL 2022-NQM4 rated by Fitch Ratings and KBRA
IMPRL 2022- NQM4: $392.1M deal that closed June 7th, 2022, with 744 weighted average credit score and 70.48 weighted average loan to value. 57% of the loans in this pool were purchases with the rest being refinances. 2022-NQM4 had a 5.4% weighted average mortgage interest rate with 41.3% of the pool in Florida, 13.5% in California and 27% in New York. 38.47% of the properties in this pool were owner occupied, 60.6% were investment properties and 0.91% second homes.
Imperial Fund closed on its eight securitization, IMPRL 2022-NQM3 rated by Fitch Ratings and KBRA
IMPRL 2022- NQM3: $402.6M deal that closed April 21st, 2022, with 745 weighted average credit score and 70.8 weighted average loan to value. 57.45% of the loans in this pool were purchases with the rest being refinances. 2022-NQM3 had a 4.8% weighted average mortgage interest rate with 43.7% of the pool in Florida, 14.69% in California and 24.95% in New York. 48.3% of the properties in this pool were owner occupied, 50.1% were investment properties and 1.5% second homes.
Imperial Fund closed on its seventh securitization, IMPRL 2022-NQM2 rated by Fitch Ratings and KBRA
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.
Imperial Fund closed on its sixth securitization, IMPRL 2022-NQM1 rated by DBRS Morningstar and Fitch Ratings
IMPRL 2022- NQM1: $415M deal that closed February 4th, 2022, with 734 weighted average credit score and 71.5 weighted average loan to value. 61% of the loans in this pool were purchases with the rest being refinances. 2022-NQM1 had a 4.6% weighted average mortgage interest rate with 41% of the pool in Florida, 20% in California and 18% in New York. 58.5% of the properties in this pool were owner occupied, 40% were investment properties and 1.5% second homes.
Imperial Fund closed on its fifth securitization, IMPRL 2021-NQM4 rated by DBRS Morningstar and KBRA
IMPRL 2021 – NQM4: $301.2M deal that closed November 24th, 2021, with 732 weighted average credit score and 71.1 weighted average loan to value. 62% of the loans in this pool were purchases with the rest being refinances. 2021-NQM4 had a 4.6% weighted average mortgage interest rate with 51% of the pool in Florida, 17% in California and 17% in New York. 60% of the properties in this pool were owner occupied, the rest being investment properties.
Imperial Fund closed on its fourth securitization, 2021-NQM3 rated by DBRS Morningstar and S&P Global
IMPRL 2021 – NQM3: $305.1M deal that closed October 22nd, 2021, with 727 weighted average credit score and 71.6 weighted average loan to value. 67% of the loans in this pool were purchases with the rest being refinances. 2021-NQM3 had a 4.7% weighted average mortgage interest rate with 48% of the pool in Florida, 21% in California and 17% in New York. 61% of the properties in this pool were owner occupied, 37% were investment properties and 2% second homes.
Imperial Fund closed on its third securitization, IMPRL 2021-NQM2 rated by DBRS Morningstar and S&P Global
IMPRL 2021 – NQM2: $237.4M deal that closed August 25th, 2021, with 733 weighted average credit score and 69.6 weighted average loan to value. 63% of the loans in this pool were purchases with the rest being refinances. 2021-NQM2 had a 4.9% weighted average mortgage interest rate with 48% of the pool in Florida, 18% in California and 17% in New York. 61% of the properties in this pool were owner occupied, 34% were investment properties and 5% second homes.
Imperial Fund closed on its second securitization, IMPRL 2021-NQM1 rated by DBRS Morningstar and S&P Global
IMPRL 2021- NQM1: $214.2M deal that closed June 11, 2021, with 735 weighted average credit score and 72.4 weighted average loan to value. 76% of the loans in this pool were purchases with the rest being refinances. 2021-NQM1 had a 5.5% weighted average mortgage interest rate with 54% of the pool in Florida, 22% in California and 9% in New York. 69% of the properties in this pool were owner occupied, 28% were investment properties and 3% second homes.
Imperial Fund closed on its inaugural securitization, IMPRL 2020-NQM1 rated by DBRS Morningstar and S&P Global
IMPRL 2020 – NQM1: $145.5M deal that closed October 14th, 2020, with 724 weighted average credit score and 70.7 weighted average loan to value. Over 60% of the loans in this pool were purchases with less than 40% being refinances. 2020-NQM1 had a 5.9% weighted average mortgage interest rate with 60% of the pool in Florida 13% in New York and 10% in California. 49% of the properties in this pool were owner occupied, the rest being investment properties.