Two investment banks recently began to recommend AAA tranches of new jumbo MBS to their structured-finance investor clients. The recommendations come as a change of pace for the analysts that usually suggest investing in vintage non-agency MBS or the plethora of agency MBS options. Analysts at Barclays Capital and Deutsche Bank Securities separately recommended investing in new jumbo MBS in recent weeks. Barclays said the securities are a better buy at the moment than agency MBS eligible for the to-be-announced market. “We believe...