RMBS 3.0 heralds headache for rating agencies

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By Steven Gilmore
17 Sep 2015

RMBS 3.0 is starting to take shape, but rating agencies are going to have a tough time assigning value to all the bells and whistles that industry groups are working to hang on the new structure.

Industry figures debated the perennial question of how to breathe life into the almost non-existent private label RMBS market — once a $1tr a year juggernaut — at the IMN ABS East conference in Miami on Thursday. But panelists were confident that slowly but surely, progress was being ...

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