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Home » Store » Non-Agency MBS » Nonprime MBS Issuance Expected to Increase

Nonprime MBS Issuance Expected to Increase

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Non-Agency MBS

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There will likely be a notable increase in the issuance of mortgage-backed securities backed by newly originated nonprime mortgages, according to Fitch Ratings. As many as eight firms are looking to join Lone Star Funds in issuing rated deals, though issuance isn’t expected to get anywhere near the levels seen in the run up to the financial crisis. Some $999.5 million in nonprime MBS was issued in 2016, according to the rating service. “Fitch estimates those figures could double in 2017, and ...
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