Minor RMBS losses anticipated as foreclosure freeze wears off


The self-imposed foreclosure moratorium enacted by some of the largest US mortgage lenders in recent weeks looks likely to have a limited effect on residential mortgage-backed security (RMBS) recovery rates as liquidations begin to resume.

Securitisation analysts have been examining the likely consequences of the moratorium, and have concluded RMBS investors' yields should not be affected by the freeze, which already appears to be coming to an end.

Analysts and credit rating agencies anticipate th

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: