Earlier in 2023 non-QM interest rates peaked at 9% so the overall origination volume fell by 50%, said Victor Kuznetsov, managing director and co-founder of Imperial Fund, a Hollywood, Fla. based, non-agency mortgage investment firm.
Asset Securitization Report
29 Apr, 2024
Could Abuse Of Payment Default Windows Be Non-QM’s Weak Link?
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.
National Mortgage Professional
31 Jan, 2024
SEC finalizes Dodd-Frank rule to address ABS conflicts of interest
"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
Asset Securitization Report
30 Nov, 2023
Here's why non-QM is the light at the end of the RMBS tunnel
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.
Asset Securitization Report
31 Oct, 2023
Non-QM, aviation prospects to emerge despite recession watch
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.
Asset Securitization Report
24 Aug, 2023
Single-family rental volumes sink, but high yields lure fast-money investors
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.
Asset Securitization Report
15 Jun, 2023
Imperial Fund Mortgage Trust's latest seeks to raise $364.8 million
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.
Asset Securitization Report
31 Jan, 2023
Fitch Rates Mostly Non-QM Offering Backed By A&D 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.
National Mortgage Professional
27 Jan, 2023
Imperial Fund expands non-QM issuance with $265 million
Imperial Fund, a mortgage investment fund headquartered in Hollywood, Fla., has issued its 12th RMBS deal backed by non-QM performing loans.
Mortgage Professional America
28 Nov, 2022
Imperial Fund Mortgage looks to raise $322.8 million, on a diverse portfolio of fixed-rate mortgages
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.
Asset Securitization Report
18 Nov, 2022
KBRA Assigns Preliminary Ratings to Imperial Fund Mortgage Trust 2022-NQM4 (IMPRL 2022-NQM4)
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.
Business Wire
20 May, 2022
KBRA Assigns Preliminary Ratings to Imperial Fund Mortgage Trust 2022-NQM3 (IMPRL 2022-NQM3)
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).
