Quantcast

Jumbo MBS sub levels: too low?

Bracing for the deepening recession on the horizon, MBS market players have started to scrutinize credit enhancement levels in jumbo mortgage deals. Are subordination levels too low?

Some market participants have suggested that rating agencies are still lowering levels - despite rising delinquencies - in order to compete for...

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.