Direct Agency CMO Spreads

February 23, 2004, 12:00 a.m. EST 1 Min Read

Average Life (Yrs.)	0 to 2	2 to 7	7+

PAC
02/18/04	163	175	184
Previous Week	163	174	184
1-Month Average	163	174	184
12-Month Range	130-170	140-190	150-190

TAC
02/18/04	50	143	169
Previous Week	50	144	169
1-Month Average	51	143	169
12-Month Range	40-90	100-160	150-190

SEQ
02/18/04	117	146	180
Previous Week	118	145	179
1-Month Average	117	145	179
12-Month Range	100-140	130-170	140-200

All nominal spreads are in basis points over the equivalent maturity Treasury and are derived from actual transactions in each of the sectors defined.Source: Capital Management Sciences

MORE FROM ASSET SECURITIZATION REPORT

RMBS

Velocity Capital Commercial Loan prepares to float $295.1 million

The fixed-rate loans are divided into three sub-pools that relied on rating methods from the RMBS, CMBS and ABS sectors to assess their risks.

By Donna M. Mitchell

5m ago
House Financial Services Leadership

House banking panel advances measures to nullify credit card, ESG rules

The House Financial Services Committee also sent to the full House two bipartisan bills, including one that would prevent large banks from opting out of having to recognize Accumulated Other Comprehensive Income in regulatory capital.

By Claire Williams

5h ago
Esoteric ABS

Sunrun Neptune 2024-1 prepares to issue $230 million in residential solar ABS

The portfolio does not have any meaningful originations that have completed a full repayment cycle, making the company's performance data thin.

By Donna M. Mitchell

6h ago
Home equity loans

Wold joins Hometap to lead U.S. structured products business

Formerly of Wells Fargo, she will coordinate several key units to create a structure for a sustained capital markets program that capitalizes on recent innovation and growth in home equity finance.

By Donna M. Mitchell

April 17
MBS

Freddie Mac's home equity product proposal stokes mixed early reactions

The Structured Finance Association questions whether funding closed-end seconds is an appropriate role for the government-sponsored enterprise, while newer lenders welcome the liquidity support.

By Donna M. Mitchell

April 17
Regulation and compliance

CFPB makes structural changes after expanding authority over nonbanks

The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.

By Kate Berry

April 17