Banks Eye ReREMICs For Capital Relief

Banks are resecuritizing residential mortgage-backed securities portfolios to contain the regulatory capital required to be held against them despite a slew of downgrades.

  • 13 Feb 2009

--Leela Parker

Banks are resecuritizing residential mortgage-backed securities portfolios to contain the regulatory capital required to be held against them despite a slew of downgrades. Interest in reREMICS backed by portfolios of RMBS surfaced late last year and rating agencies are seeing continued interest.

DBRS reviewed two such transactions at ...

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4 Barclays 4,040 11 6.87
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