66) Over the Past Three Months, How Have the Terms Under Which Non-Agency Rmbs Are Funded Changed?| A. Terms for Average Clients | 3. Haircuts. | Answer Type: Eased Somewhat
ALLQ66A3ESNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
10/1/2011 - 1/1/2025
Summary
Tracks changes in non-agency residential mortgage-backed securities (RMBS) funding terms, focusing on haircuts. Provides insight into mortgage lending market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator measures how financial institutions are adjusting risk margins for non-agency residential mortgage securities. It reflects broader credit market dynamics.
Methodology
Surveyed from financial institutions reporting changes in RMBS funding terms.
Historical Context
Used by investors and policymakers to understand residential mortgage lending trends.
Key Facts
- Indicates easing of haircut terms
- Reflects risk perception in mortgage lending
- Part of Federal Reserve credit survey
FAQs
Q: What are haircuts in mortgage-backed securities?
A: Haircuts represent the difference between the market value of an asset and the amount that can be used as collateral.
Q: Why are RMBS funding terms important?
A: They provide insight into credit market health and financial institutions' risk appetite for residential mortgages.
Q: How often is this data updated?
A: Typically updated quarterly as part of the Federal Reserve's senior loan officer survey.
Q: What does 'eased somewhat' mean?
A: Indicates lenders are slightly less restrictive in risk margins for non-agency residential mortgage securities.
Q: Who uses this economic indicator?
A: Investors, mortgage professionals, and policymakers use it to assess lending market conditions.
Related Trends
55) Over the Past Three Months, How Have Liquidity and Functioning in the High-Grade Corporate Bond Market Changed?| Answer Type: Remained Basically Unchanged
SFQ55RBUNR
21) Considering the Entire Range of Transactions Facilitated by Your Institution, How Has the Use of Financial Leverage by Each of the Following Types of Clients Changed Over the Past Three Months?| B. ETFs. | Answer Type: Decreased Considerably
CTQ21BDCNR
66) Over the Past Three Months, How Have the Terms Under Which Non-Agency Rmbs Are Funded Changed?| A. Terms for Average Clients | 4. Collateral Spreads over Relevant Benchmark (Effective Financing Rates). | Answer Type: Eased Considerably
ALLQ66A4ECNR
66) Over the Past Three Months, How Have the Terms Under Which Non-Agency RMBS Are Funded Changed?| A. Terms for Average Clients | 3. Haircuts. | Answer Type: Eased Somewhat
SFQ66A3ESNR
74) Over the Past Three Months, How Have the Terms Under Which Consumer Abs (for Example, Backed by Credit Card Receivables or Auto Loans) Are Funded Changed?| B. Terms for Most Favored Clients, as a Consequence of Breadth, Duration And/or Extent of Relationship | 4. Collateral Spreads over Relevant Benchmark (Effective Financing Rates). | Answer Type: Eased Somewhat
ALLQ74B4ESNR
51) Over the Past Three Months, How Has the Duration and Persistence of Mark and Collateral Disputes Relating to Contracts of Each of the Following Types Changed?| E. Credit Referencing Securitized Products Including MBS and ABS. | Answer Type: Decreased Considerably
OTCDQ51EDCNR
Citation
U.S. Federal Reserve, Non-Agency RMBS Funding Terms (ALLQ66A3ESNR), retrieved from FRED.