Be hard on originators to fix private label RMBS, say panellists

By Ryan Bolger
12 Nov 2014

Small investors are coming back to the private label RMBS market, but deep structural reforms that "hold originators' feet to the fire" are needed to tempt larger buyers back, said panelists at a conference on Wednesday.

The answer to increasing issuance and bolstering liquidity in the private label securities (PLS) market might be rooted in demand, given that some would-be investors are still sitting on the sidelines licking their wounds from the subprime crisis.

“We’re seeing a lot of small $5m-$10m players who are just ...

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