The Non-Agency Mortgage Security Market

Non-Agency MBS Issuance by Type

The amount in dollars of non-agency MBS issuance from 1995-3Q13. Categories include prime, subprime, Alt A, S&D, seconds, re-MBS, other and total issuance. Quarterly data for 2001-2005 and 2012-3Q13 included.

2003-3Q13 Data

1995-2005 Data

Poll

What do you think is the biggest hurdle to meeting the new QM standards in the CFPB’s ability-to-repay rule?

A debt-to-income (DTI) cap of 43%.

48%

A 3% cap on points and fees.

29%

An interest rate cap of the average prime offered rate (APOR) plus 1.5%.

23%

Housing Pulse