General World News

Private-label market pushes back the pandemic blues

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The performance of loan pools backing private-label securitization deals has continued to improve across most measurement metrics through the end of January after hitting a low point in mid-2020 at the height of the pandemic.

The most recent RMBS Credit Indices report from the Kroll Bond Rating Agency (KBRA) shows that loan pools supporting outstanding private-label residential mortgage-backed securities issuances overall are performing relatively well to date in both the prime and nonprime markets. Through the end of January, the report shows, loan-delinquencies, net losses, and prepayments all were trending details ⇒

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