| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 285,168 | 241,289 | 199,984 |
| ABS (Public and 144A excluding CDOs) | 268,113 | 212,491 | 172,930 |
| ABS (Public Only) | 237,397 | 191,418 | 145,933 |
| ABS (144A Only) | 47,772 | 49,872 | 54,051 |
| Non-Agency MBS | 174,538 | 109,375 | 90,426 |
| Agency MBS | 323,911 | 267,928 | 142,582 |
| CMBS | 36,246 | 23,996 | 30,547 |
| Source: Thomson Financial | |||
The deal saw notable changes from SCLP 2021-1, especially an increase in target and initial overcollateralization.
Tower Point Capital, the deal's manager, is considered to have one of the largest privately held wireless infrastructure portfolios in the U.S.
Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.
A proposed update to Basel III capital rules from federal banking regulators does not specifically include mortgage insurance as a factor in determining the risk weight for a mortgage loan held on a bank's balance sheet. Industry experts say it should.
Non-qualified loans are the majority of loans in the pool, 59.2%, while loans exempt from the Ability-to-Repay/Qualified Mortgage rule, represent 35.9%.
The 30-year fixed is still over 20 basis points higher than its February bottom, but fell 7 basis points this past week on Iran peace hopes, Freddie Mac said.
