Quantcast

Prepayment speeds miss expectations in January

Prepayment speeds on 30-year FNMAs in January fell more than 20% from December's levels, versus consensus expectations of 15% to 16%. The decline was fairly uniform across both discounts and premiums.

In comments from JPMorgan Securities, analysts stated that the drop in discount speeds cannot be totally explained by...

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.