Securitization Group Contemplates Increasing TBA de Minimus Limit to Include More Jumbos
November 6, 2009
In a move that could undermine the quality of agency MBS, the American Securitization Forum is meeting this week to explore allowing as much as 20 percent of To Be Announced loan pools to be comprised of conforming jumbo mortgages. This could be troubling for investors. “An increase in conforming jumbo loans in TBA could deteriorate the quality of agency MBS bonds that currently trade as...