New York, June 12, 2015 -- Moody's Investors Service has assigned provisional ratings to the classes of residential mortgage-backed securities (RMBS) issued by Sequoia Mortgage Trust (SEMT) 2015-3. The certificates are backed by one pool of prime quality, first-lien mortgage loans. The mortgage loans in the pool are all fixed-rate and they have primarily 30-year terms. The borrowers in the pool have high FICO scores, significant liquid cash reserves and equity in their properties.
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