Saxon Capital Inc., Glen Allen, Va., has announced a $1.2 billion securitization of conforming and nonconforming mortgage loans by a subsidiary.The $1.2 billion of notes were issued by Saxon Asset Securities Trust 2004-2. The assets of the trust include three groups of mortgage loans secured by one- to four-family residential properties, Saxon said. The lead manager of the deal is Credit Suisse First Boston, and the co-managers are Merrill Lynch & Co., J.P. Morgan, and RBS Greenwich Capital. Saxon Capital can be found on the Web at http://www.saxoncapitalinc.com.
Saxon Cap Reports $1.2B Deal
July 28, 2004, 2:00 p.m. EDT 1 Min Read
