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  • Dr P Singh

Sub-prime aka 'non-prime' RMBS issue


Feb 2017: Another sub-prime RMBS. Some (Fitch) refer to post-crisis sub-prime or Alt-A mortgages as 'non-prime' to distinguish them from the pre-crisis loans.

Details here and a 2017 report here by Fitch on the growing US non-prime market, and the relative improvements in its control.


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Sub-prime RMBS

2015-2016: There has been an increasing number of sub-prime RMBS issues, many unrated, reflecting according to Fitch, better standards of underwriting and incentives to orignate better quality loans.

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