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Finance firm prices 1990-3 mortgage series. (Ryland Mortgage Securities Corp.)
Ryland Mortgage Securities Corp.
Finance firm prices 1990-3 mortgage series
Columbia, Md.-based Ryland Mortgage Securities Corp. priced $1 million of mortgage participation certificates which will be collateralized by fixed-rate mortgage loans purchased from RAC Mortgage Funding Corp. Details on the structure of the securities are not yet available.
Series 1990-3 will be collateralized by mortgage loans totaling …
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