| 2017 | 2016 | 2015 | |
|---|---|---|---|
ABS (Public + 144A) | 98,322.7 | 64,465.5 | 109,230.1 |
| ABS (Public + 144A excluding CDOs) | 81,083.0 | 54,175.8 | 77,581.7 |
| ABS (Public Only) | 40,877.7 | 26,366.3 | 43,691.0 |
| ABS (144A Only) | 57,445.0 | 38,099.3 | 65,539.1 |
| Non-Agency MBS | 29,682.7 | 23,238.2 | 52,060.4 |
| Agency MBS | 87,955.8 | 94,239.4 | 73,636.2 |
| CMBS | 37,053.5 | 39,842.7 | 41,592.9 |
| Source: Thomson Reuters | |||
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
Most lenders said they had already priced in the widely-anticipated decision to cut short-term rates for 30-year home loans but other products will benefit.
Some 63.8% of the assets in the pool are modified loans, and for 92.6% of those loans, the modifications happened more than two years ago.
New-home loan activity rose 1% in August year over year, but applications fell 6% from July.
In Zayo Issuer's payment structure, senior fees are paid first and then interest is paid monthly on all remaining outstanding classes of notes.
As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
