A low-doc predominant residential mortgage-backed securities (RMBS) deal was launched by Resimac on May 5, with the issuer saying it has been exploring a trade for the past year. Premier Series 2010-1 Triomphe Trust (Premier 2010-1) is the first new mainly low-doc offering in almost two years, with 69.9 per cent of the loans in the pool being low-doc and the balance full documentation.
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