Fitch: 2015 U.S. Prime Jumbo RMBS Surpasses 2014 Issuance

NEW YORK--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: U.S. Prime Jumbo RMBS Trends

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=872287

After three strong quarters in 2015, year-to-date U.S. prime jumbo RMBS issuance has already eclipsed 2014's total issuance, according to Fitch Ratings in its latest quarterly 'US Prime Jumbo RMBS Trends' report.

Fitch reports seven RMBS deals coming to market in the third-quarter 2015 (3Q'15), representing a continued decline from 1Q'15 and 2Q'15 (12 and 10 transactions, respectively). Despite this trend, the roughly $10.1 billion of issuance from 29 transactions has already surpassed the 2014 total of $8.3 billion from 26 transactions, and may yet exceed 2013 totals with a strong closing quarter.

The performance of post-crisis RMBS remains exceptional. 'Post-crisis prime jumbo loans are rolling delinquent at one-fifth the rate of their pre-crisis counterparts,' said Director Sean Nelson.

'U.S. Prime Jumbo RMBS Trends' is available at www.fitchratings.com or by clicking on the above link.

Additional information is available at www.fitchratings.com.

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View source version on businesswire.com: http://www.businesswire.com/news/home/20151015006611/en/

Fitch Ratings
Sean Nelson, +1-212-908-0207
Director
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Craig Ganter, +1-212-908-0736
Analyst
or
Media Relations, New York
Sandro Scenga, +1-212-908-0278
[email protected]

Source: Fitch Ratings

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