ESG News For Cantor Fitzgerald LP
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First ever AAA-rated RMBS securitization comprised entirely of mortgage loans originated and sold by a Community Development Financial Institution (CDFI). The credit rating was issued by both S&P and DBRS Morningstar.$283 million of residential mortgage loans backed the significantly oversubscribed ESG offering was designated as a social bond by Institutional Shareholder Services (ISS).Financing enables Change to make homeownership more affordable for loans to Black, Latino, and other underbanked prime borrowers.
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