NEW YORK -- Online brokerage E*Trade Financial Corp said on Thursday its $15.7 billion first lien mortgage portfolio is supported by high FICO scores, low loan-to-value ratios and private mortgage insurance.

Seeking to reassure investors about the credit quality of its mortgage and securities portfolios, E*Trade said it has seen no material changes to date with respect to the availability, pricing or margin on its wholesale funding sources.

E*Trade also said 74 percent, or $9.2 billion, of its home equity portfolio is to borrowers with FICO scores of at least 700.

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