09.12.2015 16:02:00

Onslow Bay LLC -- Moody's assesses Onslow Bay LLC as an Average aggregator of prime jumbo residential mortgage loans.

New York, December 09, 2015 -- Moody's Investors Services has assessed Onslow Bay Financial LLC as an 'Average' aggregator of prime jumbo residential mortgage loans. In the assessment, Moody's reviewed Onslow Bay's loan performance and originator ability, which among other things included analyzing its ability to accurately assess borrowers' willingness and ability to repay their mortgage loans, its ability to accurately and objectively assess property value and its ability to acquire loans closed in accordance with laws and regulations. Finally, the assessment also took into account Onslow Bay's financial strength and support functions to determine its stability.

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