Date | MBS Coupon | FHLMC PC Gold Yield | Spread | Ginnie Mae Yield | Spread | 10y Tsy Yield |
07/18/03 | 5.00 | 6.00 | 110.00 | 5.92 | 102.00 | 4.90 |
07/19/03 | 5.00 | 6.01 | 107.00 | 5.93 | 99.00 | 4.94 |
07/22/03 | 5.00 | 6.00 | 104.00 | 5.94 | 98.00 | 4.96 |
07/23/03 | 5.00 | 5.99 | 104.00 | 5.93 | 98.00 | 4.95 |
07/24/03 | 5.00 | 6.03 | 101.00 | 5.97 | 95.00 | 5.02 |
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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