Non-bank servicing could be a house of cards
Non-bank mortgage servicers might not be able to overcome regulatory interventions as their share prices deteriorate, and holders of mortgage-backed securities could see interruptions in cash flows as a result, according to market sources.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast