A new tool created by Credit Suisse First Boston to predict trends in the home-equity asset-backed securities sector has shown that early vintage pools are experiencing a decrease in delinquencies while later vintages are showing an increase.

The Home Equity ABS Tracker Index (HEAT) assesses the performance of fixed and adjustable-rate pools of vintage years since 1995 with respect to delinquencies, losses and prepayments in three major home-equity sectors: high loan-to-value (LTV), subprime and home-equity lines of credit (HELOC).

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.