Moody’s: Deterioration Continues for Prime-Quality Mortgage Pools

What is a Mortgage Backed Security (MBS)? Moody's takes action on $14 Million of Prime Jumbo RMBS. – WinWater Mortgage Loan Trust 2015-3 (WIN 2015-3) and WinWater Mortgage Loan Trust 2016-1 (WIN 2016-1) are backed by pools of prime quality, fixed rate, first-lien mortgage loans. WIN 2016-1 is backed by two pools with Group 2 composed exclusively of fully amortizing fixed rate 15-year mortgages.

Moody’s notes that some key drivers of the sovereign rating action are credit negative for French cover pools, such as persistently high unemployment for mortgage covered bonds and the challenges.

(SF Gate, june 26th) real estate sales and House Prices Existing Home Sales Approach Four-Year Low (Seeking Alpha, June 26th): "Bank of New York analyst Michael Woolfolk: "We don’t see further.

When Liberty launched Series 2000-1 earlier this month, both S&P and Moody’s Investors Service rated the $91.5 million of senior notes triple-A. According to S&P, the credit quality of the loans was only marginally better than those in the first deal (although delinquencies on the second pool were just 1.7%).

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for any deterioration in key performance metrics, including delinquency, default, dilution, deal triggers and credit enhancement. If we see significant deterioration in one or more pools, we contact the sponsor to discuss our concerns and ascertain the actions the sponsor will be taking to address the situation.

Mortgage Lender Homebanc Files For Chapter 11 (MSNBC, Aug. 11th): "Regional mortgage lender HomeBanc Corp. (HMBN) filed [Thursday] for bankruptcy protection, the latest casualty of a housing market.

their mortgage payment per-formance deteriorates a few months later. Consumer credit data provides a "live" picture of the underlying credit migration and offers an opportunity for new and improved analysis of new and secondary mar-ket loan pools or Residential Mortgage-Backed Securities. As the market continues

References herein to “Moody’s” include Moody’s. The actions result from a deterioration in performance of small balance multi-family, adjustable rate mortgage loans pools originated on or after.

Moody’s adds SF rating enhancements. Moody’s is introducing two supplemental measures to its structured finance ratings to enhance transparency and information content. The first, the assumption volatility score, will assess potential rating volatility based on the uncertainty of rating model assumptions.

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