Blog

RWL Trade

Residential whole loan trade

Press Release - ANNOUNCING THE LAUNCH of RWLTRADE.COM This is a site for originators (sellers) and buyers of Non-QM loan pools. RWLTrade.com is sponsored and managed by David Akre of Whole Loan Capital, LLC www.wholeloans.com. Pools will be posted by significant originations. See Rules for Pools below. >The fee for trades is 2/32nds, paid by the buyer.

pools for bid

The following pools are for bid at the specified date and time. Email me for the link to download - dakre@wholeloans.com None of the loan tapes contain PII so NDAs are not required. Anyone requiring full PII will need to provide their form of NDA to be executed by Whole Loan Capital, LLC.

pools

Pool ID
Loan Type
Size - $mm
WAC
Delivery Days
Bids Due ET times
Link
250610
NQM
$90.6
7.803
30
6/12 - 2:00
250520
NQM
$109.2
7.90
30
5/22 - 2:30
Traded
250430
NQM
$111.7
7.79
30
5/2 - 1:30
Traded
250418
NQM
$106.2
7.702
30
4/22 - 2:00
Traded

Rules for Pools

The pools posted are: 1) Active, 2) New originations, 3) Servicing released, unless specified otherwise. Trade Stips: 1) 90 / 90 days on EPDs & EPOs, 2) Due diligence, done by the seller, will be provided via reliance letter (unless specified otherwise), 3) Loans will be delivered by the number of days specified. Rules for Bids: 1) Bid are due at the specified day & time, 2) Bids to be provided to David Akre via phone or email (212-786-2329 / dakre@wholeloans.com), 3) Please indicate any kicks, 4) Provide loan level if possible, 5) It is understood that settlements are subject to: MLPA, final diligence via reliance letter, collateral being checked in at buyers' custodian, seller being approved as a counterparty.
This site is intended for use by institutional buyers and sellers of residential loan pools. This is not an offer to purchase or sell any securities. Any dissemination of information on this site is strictly prohibited. Please notify us if you wish to be removed from future communications pertaining to this site.