Securitization

Will the First Real Private RMBS in Years be a Dud? 

HousingWire doesn’t trade on rumors, and we know of two issuers who are expected to come to market with a prime jumbo residential mortgage-backed securitization program in the next 30 days. We won’t say whom, and in the end it doesn’t really matter; my discussions with a number of investors involved on the potential buy side of these deals suggest there remain concerns that the first real private RMBS deal may be a dud. Or it might be what’s needed to start the blood pumping. Or both. Or neither. No one can say, really.