RMBS

Highlights

• 7 Jun 2022
  • In European RMBS, UK borrowers are most vulnerable to inflation
    The direct negative effect of inflation and any subsequent interest rate hikes on the collateral backing most European residential mortgage-backed securities will be limited. However, UK borrowers are the most vulnerable to squeezed household finances among Europeans.  Full Report​
• 28 Feb 2022
  • Consumer ABS and RMBS - US: CFPB's step forward in trust suit spurs risks across consumer securitizations
    A recent judicial ruling that allows a federal agency to sue securitization trusts over their servicers' debt-collection and litigation practices raises legal and financial risks across the consumer securitization sector.   Full Report​​
• 16 Dec 2021
  • Structured Finance – Global: 2022 Outlook — Strong asset performance will continue despite COVID-19 uncertainty
    Structured finance transactions will be subject to the effects of both temporary and permanent changes in 2022 as economic growth persists despite the ever-looming threat of COVID-19 variants. Changes to consumer and corporate spending patterns stemming from pandemic-related disruptions will affect transaction credit quality and performance. Meanwhile, many consumers have improved their financial positions via increased savings since 2020, while companies have taken on more debt.   Full Report​