RMBS

editors letter

By tweaking one aspect of its methodology for rating securitizations, Moody’s Investors Service has set the stage for more downgrades of deals issued out of peripheral Eurozone countries.

Federal Housing Finance Agency Acting Director Edward DeMarco said a single mbs platform could be a building block for a new mortgage market

Buyers of private-label mortgage backed securities still have a beef with the federal mortgage modification plan, which allows holders of a second-lien on distressed properties to jump ahead of first-lien holders in terms of payment priority.

Buyers of private-label mortgage backed securities still have a beef with the federal mortgage modification plan, which allows holders of a second-lien on distressed properties to jump ahead of first-lien holders in terms of payment priority.

Federal Housing Finance Agency Acting Director Edward DeMarco said a single mbs platform could be a building block for a new mortgage market

Representation & Warranties issues may have had something to do with where JP Morgan’s priced its RMBS deal this week; but its structuring was also to blame.

By tweaking one aspect of its methodology for rating securitizations, Moody’s Investors Service has set the stage for more downgrades of deals issued out of peripheral Eurozone countries.

The Federal Housing Finance Agency’s new initiative to help streamline modifications for eligible borrowers is likely only to have a minimal impact on MBS, according to analysts at JP Morgan.