JPMorgan Chase's recent $1.9 billion residential mortgage-backed security (RMBS) transaction may not spur demand for similar transactions from other banks in the next few years for several reasons, according to a report from Moody’s Investors Service.
Read More »SFR Securitizations Reap Benefits of Falling Homeownership
A drop in first-time homeownership in the U.S., due to the lack of affordable housing, has given single-family rental (SFR) securitizations a credit positive boost.
Read More »Present and Future Look Bright for Jumbo RMBS
What factors have led to improved credit performance of jumbo residential mortgage-backed securities?
Read More »The Effect of the CFPB’s Arbitration Rule on Lenders
The CFPB's push to cut off lenders’ ability to include clauses prohibiting borrowers and bank account holders from filing or joining class action lawsuits in their contracts comes with a price.
Read More »TRID Could Mean Trouble for GSE Credit-Risk Transfers
Per the direction of their conservator and regulator, the FHFA, Fannie Mae and Freddie Mac were instructed not to conduct loan-level reviews for technical compliance with TRID when conducting their credit-risk transfer transactions.
Read More »Moody’s Downgrades $2.7 million of FHA/VA RMBS issued by Fannie Mae
Moody's Investors Service recently released a rating action report revealing that it has downgraded the ratings of three tranches issued from Fannie Mae REMIC Trust 2001-W3.
Read More »New TRID Rule Will Increase Risk of Losses for RMBS
Moody’s Investors Service released a report called, “New TILA-RESPA Rule Will Heighten Possibility of Losses in US RMBS for Rule Violations” revealing that initial challenges for lenders to implement and comply with the new TILA-RESPA Integrated Disclosure (TRID) rule, along with the potential high costs of lenders who do not comply, raise the risk of losses for residential mortgage-backed security (RMBS) trusts.
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