Chimera Launches Securitization Program for HomeXpress-Originated Loans
Chimera closed its inaugural HomeXpress securitization, PRISM 2026-HX1, backed by approximately $291 million of residential non-qualified mortgage loans. The deal is the first under Prism, a new conduit for loans originated by subsidiary HomeXpress and third parties; the senior class was rated AAA (sf) by S&P and DBRS.
Key figures
- Deal Value Usd
- 291000000
- Collateral
- approximately $291 million of residential non-qualified mortgage loans
- Senior rating
- AAA (sf) by S&P and DBRS
- Securitization name
- PRISM 2026-HX1
AI analysis
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