Shellpoint Partners LLC Monday filed a shelf registration with the Securities and Exchange Commission to issue nonagency mortgage-backed securities.
The registration statement will permit the company to issue the securities through a newly formed depositor called Shellpoint Mortgage Acceptance LLC.
Shellpoint said it expects to securitize only prime-quality nonagency loans originated by
The chairman of Shellpoint's board of directors is Lewis Ranieri, a securitization pioneer and chairman of Ranieri Partners LLC.
Ranieri Partners has interests in a variety of real estate-related platforms and is a part owner of Shellpoint.