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EquiFirst Corporation is issuing $739.3m in mortgage-backed securities, with Residential Asset Mortgage Products, Inc. as the originator and Residential Funding Corporation as the depositor. The issue is expected to be priced on August 19, 2005, and settle on August 30, 2005. The first payment date is September 25, 2005. The structure is a fixed and adjustable-rate mortgage (ARM) senior/subordinate structure, with ratings from Moody's and S&P.
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