Quantcast

Bank of America to blow out spreads in home-equity market?

If it's true that Bank of America will securitize its entire performing $21 billion EquiCredit portfolio over the next three quarters, the home-equity market could be in for some serious spread dislocation, analysts said.

"I think they're nuts," said Dan Castro, head of ABS research at Merrill Lynch. "There's...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.