Low doc investor loans on the rise in RMBS

Mortgage loan_230px
By Max Adams
14 May 2018

Fitch Ratings flagged a rising risk in the RMBS market in a note this week, as more investor loans are originated using little or no traditional documentation during underwriting.

“A rise in non-traditional or no income borrower documentation has led to significant variation in the credit risk of recently originated investor property loans in US RMBS deals,” the Fitch analysts wrote.

A deal issued by Invictus Capital Partners last month was priced wide compared to other ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.