Date | Coupon | GNMA | FHLMC Gold | Ten-Year Treasury | GNMA Spread | FNMA Spread |
11/25/04 | HOLIDAY | |||||
11/26/04 | 5.0 | 5.06 | 5.19 | 4.24 | 82.0 | 95.0 |
11/29/04 | 5.0 | 5.12 | 5.25 | 4.33 | 79.0 | 92.0 |
11/30/04 | 5.0 | 5.13 | 4.36 | 4.17 | 96.0 | 19.0 |
12/01/04 | 5.0 | 5.14 | 5.27 | 4.38 | 76.0 | 89.0 |
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Notes A, B and C benefit from credit enhancement amounting to 33.3%, 16.2% and 7.0%, and the deal's capital structure will repay investors on a combined pro-rata and sequential basis.
May 7 -
Originators increased program offerings for the fifth consecutive month, but overall credit availability remains tight, the Mortgage Bankers Association said.
May 7 -
The top five issuers in the pool represent 4.73% of the pool, which is noticeably more diversified compared with the 12.50% concentration, according to Fitch's stressed portfolio at initial expected matrix point.
May 7 -
Rep. Andy Barr, R-Ky., is introducing a bill to establish an Office of Supervisory Appeals at each of the banking regulators that would give banks more power over the appeals process.
May 7 -
Price growth is decelerating but still driving historic home equity gains for owners and widening the gap between the haves and have-nots in housing, ICE finds.
May 6 -
Under the capital structure the senior notes will be repaid on a pro rata basis. Otherwise, the notes in the structure will benefit from excess spread and a senior-subordinate structure.
May 6