DBRS Publishes Commentary: U.S. RMBS - Re-Performing Loan Credit and Performance Trend Analysis
RMBSDBRS, Inc. (DBRS) published a commentary that reviews credit and performance trends in residential re-performing loan (RPL) securitizations.
In this special report, DBRS
-- Provides an overview of the post-crisis RPL market;
-- Summarizes loan characteristics, credit and collateral trends of DBRS-rated RPL securitizations;
-- Analyzes transaction performance trends as reflected in delinquencies, cumulative losses and prepayment speeds;
-- Discusses DBRS’s key rating considerations, including defaults and loss severity drivers; and
-- Highlights transaction features such as interest advancing, third-party due diligence and representations and warranties frameworks in rated RPL securitizations.
Notes:
A copy of this commentary is available by contacting us at info@ dbrs.com.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.