Date | MBS Coupon | FHLMC PC Gold Yield | Spread | Ginnie Mae Yield | Spread | 10y Tsy Yield |
05/30/03 | 5.00 | 5.79 | 90.00 | 5.74 | 85.00 | 4.89 |
05/31/03 | 5.00 | 5.84 | 88.00 | 5.79 | 83.00 | 4.96 |
06/03/03 | 5.00 | 5.83 | 90.00 | 5.78 | 85.00 | 4.93 |
06/04/03 | 5.00 | 5.86 | 89.00 | 5.83 | 86.00 | 4.97 |
06/05/03 | 5.00 | 5.87 | 90.00 | 5.83 | 86.00 | 4.97 |
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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