Volume 2012 - Number 3
February 3, 2012
Economics of Non-Agency Securitization Still Unfavorable, Regulation Uncertain
Issuance of new non-agency mortgage-backed securities will resume when the financing structure is economical, according to attendees at the American Securitization Forum’s ASF 2012 conference last week in Las Vegas. Just what it will take to make non-agency securitization economical remains to be seen, though some suggest that regulatory uncertainty plays a major factor. “We have not seen much of a test of the non-agency market because it’s not economical,” said Peter Sack, a managing director and co-head of real estate and mortgage finance at Credit Suisse. “The bank portfolio bid is strong.” ...
Subscribers to Inside Nonconforming Markets have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.
Subscriber Log In
If you are a current subscriber or already purchased this article, please login below.
Already subscribe but haven't registered for all the benefits of the website?
Subscribe
This biweekly is the leading source of news and data on non-agency residential mortgages.
Pay-Per-View
You can purchase this article for $50.00 without subscribing and always have access to it on insidemortgagefinance.com.
