Non-QM RMBS Continued to Perform Well in Q4

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  • Non-QM RMBS Continued to Perform Well in Q4
    Non-QM RMBS Continued to Perform Well in Q4

    The credit performance of residential mortgage-backed securities backed by non-qualified, or non-QM, mortgage loans remained strong in the fourth quarter, a recent report from Morningstar Credit Ratings finds. The credit-enhancement levels for all rated bonds backed by non-QM loans climbed because of steady voluntary prepayments, relatively low serious delinquency […]

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