RMBS Optional Terminations: A Closer Look into Forbearance Underpayments

In our previous article, RMBS Trust Termination: Optional Clean Up Call Overview, we reviewed the steps to collapsing an RMBS trust, starting with the trust’s eligibility for optional termination. Based on our review, we identified more than 1,000 trusts that are eligible to be called, and examined these by vintage, product type, and 60+ day […]