Credit Suisse Said to Sell Home-Loan Bonds in $330 Million Deal

Credit Suisse Said to Sell Home-Loan Bonds in $330 Million Deal

Gianluca Colla/Bloomberg

Credit Suisse Group AG teamed with Chimera Investment Corp. on a $741 million deal in March to join Redwood Trust Inc. as the only issuers of so-called non-agency securities backed by new U.S. mortgages since the market collapsed in 2008 amid soaring defaults and plunging real estate values.