Last week YieldReport reported on the Pepper Group arranging a nine-tranche non-conforming RMBS deal. The details are now available and the Group has pulled off the largest transaction of its kind in a decade at $700 million. There have been other RMBS transactions larger, such as CBA’s $1.6 billion of RMBS sold last month but none so large by a non-bank lender in the non-conforming loan space. Non-conforming loans...