Sunday, 26 June 2022 | The Latest Buzz for the Appraisal Industry

loanDepot Closes Residential Investment Property Mortgage Securitization

loanDepot Inc. has closed Mello Mortgage Capital Acceptance 2021-INV4, a $371 million securitization of agency-eligible mortgages secured by residential investment properties, originated through its retail and partner channels.

Year-to-date, loanDepot entities have sponsored over $2.8 billion in private-label residential mortgage-backed securities (PLS) across seven transactions.

The collateral pool consists of 952 prime, fully amortizing agency-eligible mortgage loans, with original terms of maturity ranging from 20 to 30 years. The loans were made to borrowers

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