Increases are seen for private RMBS activity

03/24/2013 | Reuters

The private residential mortgage-backed securities market has seen more activity in recent weeks. JPMorgan Chase issued its first private-label deal in more than five years last week, and was one of several banks to either be in the market or preparing new offerings. "We expect increasingly more of these private securitizations in the coming quarters, and such would be an undeniably favorable circumstance," said Chris Sullivan of the United Nations Federal Credit Union.

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