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Home » Investors Detail Standards for Non-Agency MBS
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Investors Detail Standards for Non-Agency MBS

November 4, 2011
Non-agency investors will not support new mortgage-backed securities until lenders and issuers establish stringent standards for originations and securitization, according to industry participants. “You’re going to need something to convince people – at least in the top tier – that their credit risk is pretty low,” David Lukach, a partner and head of the U.S. structured finance group at PricewaterhouseCoopers, said at a discussion hosted by the Securities Industry and Financial Markets Association last week. ...
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