Conditions May Be Improving Enough to Generate Non-Agency MBS Backed by New Originations
January 22, 2010
Improved stability in non-agency MBS secondary markets could be leading the way to securitization activity backed by newly originated mortgages as several major banks are rumored to be considering possible deals. “It makes sense” that such deals would start to emerge, according to a representative of one ratings firm who hadn’t seen any new deals emerge yet. “This might be good time...