Remittance reports for the August distribution date, representing the July collection period, were released today.

Collateral performance stabilized versus last month, as proven by slightly lower early delinquencies as well as moderating default rates across most series, according to a Barclays Capital report. Meanwhile, severities were flat or lower across indices, except for the 07-2 series.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.