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representation and warranty (R&W)

Moody's Highlights Shifting RMBS Market


The new issuance private-label U.S. residential mortgage-backed securities (RMBS) market will slowly restart in 2014, and credit quality implications will vary given the different forces at play, according to a new report from Moody’s Investors Service, 2014 Outlook - U.S. RMBS and Servicer Quality. New transactions in 2014 will be of lower credit quality because originators will have trouble maintaining volume in loan pools as refinancing activity decreases.Click to continue