Non-prime RMBS market could double in 2017

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By Sam Kerr
26 Jan 2017

The non-prime mortgage market is on track to grow in 2017, with the number of issuers in the sector potentially set to double, according to rating agency officials and RMBS market sources.

Given the domination of the prime mortgage market by government sponsored enterprises (GSEs), borrowers that fall below GSE standards and do not meet requirements for a loan from the Federal Housing Administration, non-prime borrowers are an underserved segment of the mortgage market. This ...

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