(1) some states such as NY do not have access to new issue loans, so Folio is the only option for them. NY must have a lot of investors.
(2) Will be interested to know what grades were sold in premium? C or D? some people might be willing to pay a premium for FICO-trend-up never-late B/C/D loans a few months after issuance
(2) Will be interested to know what grades were sold in premium? C or D? some people might be willing to pay a premium for FICO-trend-up never-late B/C/D loans a few months after issuance