HELOCs back Saluda Grade Alternative Mortgage’s $366.9 million
By: Donna M. Mitchell | Published: 2026-02-05 04:08:39 | Source: www.nationalmortgagenews.com
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A pool of recently originated, first- and junior-lien revolving home equity lines will secure about $366.9 million in asset-backed securities (ABS) coming to market through the Saluda Grade Alterative Mortgage Trust, series 2026-HB1.
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The transaction will sell the notes through about 12 tranches of class A, M and B notes, according to analysts at Morningstar DBRS. After the…
