Mortgage-backed securities

Central clearing isn’t just new credit default swaps. Linedata Services' Joe Kohanik explains how the use of a central counterparty model for the clearing of U.S. mortgages will surely bring many benefits to market participants.

BondEdge Version 3.2 Includes Enhancements to Help Institutional Investors Assess Risk on Prime and Subprime RMBS

Rapid Growth of HMBS Driving Increased Demand for Independent Evaluations

Markit, a financial information services company, today announced the forthcoming launch of the Markit TRX.NA index on September 10, 2009. The index is designed to provide investors with the opportunity to gain exposure to commercial mortgage-backed securities (CMBS) through total return swap (TRS) contracts. The Markit TRX.NA index series will be based on a standardized basket of 118 CMBS reference obligations drawn from the Markit CMBX.NA.AAA index series.

White Paper Proposes Ways to Further Reduce Risk, Costs

The Depository Trust & Clearing Corporation (DTCC) is recommending the introduction of daily trade netting for mortgage-backed securities transactions to further expand its planned central counterparty services, cut the high cost of processing these trades and bring greater risk protection to this multi-trillion-dollar market.

White Paper Proposes Ways to Further Reduce Risk, Costs

The Depository Trust & Clearing Corporation (DTCC) is recommending the introduction of daily trade netting for mortgage-backed securities transactions to further expand its planned central counterparty services, cut the high cost of processing these trades and bring greater risk protection to this multi-trillion-dollar market.