Saluda Grade Alternative Mortgage Trust 2024-HE1
December 18, 2024
Saluda Grade Alternative Mortgage Trust 2024-HE1
Close Date: December 2024
Deal Size: $362mm
Originator: Multiple
Asset Class: Home Equity Line of Credit (HELOC) & Closed-End Second (CES)
Transaction Commentary: Unrated securitization backed by fixed rate HELOCs and closed-end second lien loans
This announcement is not a recommendation, offer or solicitation and there is risk investing in the Trust. Past performance is not indicative of future results.