The ABCs of B/C
Article Abstract:
Market experts warned borrowers from depending on the B/C credit market or nonconforming mortgages to boost the value of their loans because of the high risks associated with this market. Compared to conventional servicing, the B/C market require larger first payments and there is a shorter interval in payments. Although it can open more opportunities to increase the value of mortgages, the B/C market may also refer the conforming loan to a different lender thereby exposing the borrower to higher risks.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Securitization recedes in post-refi tide of change
Article Abstract:
Mortgage-backed securities declined in 1995 due to the decline in mortgage refinancing and the rise in adjustable-rate mortgages. Securitization, which climbed to 59% in Jan. 1995 as a result of regulatory changes, dropped to 44% in Mar. 1995. However, market analysts believe that the decline is only temporary and will reverse as soon as the mortgage market adjusts to new market conditions and the business cycle changes, but will not reach its peak in the long-term.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
The rise and fall of REMICs
Article Abstract:
The resecuritization market is expected to push the mortgage market towards recovery after the business-cycle reverses and interest rates decline. Market analysts believe the strong demand for customized mortgage investment products such as real estate mortgage investment conduits will lead to the recovery of resecuritization activity.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The Consumer. Gas and Electric Cookers
- Abstracts: The sound of silence in prisoner's dilemma and dictator games. Institutions affect fairness: experimental investigation
- Abstracts: Empirical tests of the cross-subsidy and discriminatory-access hypotheses in vertically integrated telephony. Vertical integration and regulation in the telephone industry
- Abstracts: Competition in long-distance and telecommunications equipment markets: effects of the MFJ. part 2 Deterring predation in telecommunications: are line-of-business restraints needed?
- Abstracts: Roscher's epistemological and methodological position: its importance for the 'Methodenstreit.'(Wilhelm Roscher and the "Historical Method")