MBS Prepays Not as Bad as Feared in November

November prepayments were not as bad as investors feared, given the collision of elevated refinancing activity on lower mortgage rates in response to QE3 and the rush by servicers to close loans before guarantee fees increased on Dec. 1.

The full article is available to Asset Securitization Report subscribers only

Free Trial
For immediate access, sign-up for a risk-free trial.

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.