66) Over the Past Three Months, How Have the Terms Under Which Non-Agency RMBS Are Funded Changed?| A. Terms for Average Clients | 1. Maximum Amount of Funding. | Answer Type: Tightened Considerably
SFQ66A1TCNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
10/1/2011 - 4/1/2025
Summary
This economic indicator tracks changes in funding terms for non-agency residential mortgage-backed securities (RMBS) over a three-month period. The metric provides insight into credit market conditions and lending standards for mortgage-related financial instruments.
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
The trend measures how financial institutions are adjusting maximum funding amounts for non-agency RMBS, which reflects broader lending market sentiment and risk perception. Economists use this data to understand credit market tightening or loosening trends.
Methodology
Data is collected through surveying financial institutions and analyzing their reported changes in funding terms for mortgage-backed securities.
Historical Context
This indicator is used by policymakers and investors to assess potential shifts in credit availability and financial market risk appetite.
Key Facts
- Indicates tightening of maximum funding amounts for non-agency RMBS
- Reflects potential changes in credit market risk perception
- Provides insight into financial institution lending strategies
FAQs
Q: What does 'tightened considerably' mean for RMBS funding?
A: It suggests financial institutions are reducing the maximum amount of funding available for non-agency residential mortgage-backed securities, indicating increased caution in the credit market.
Q: Why are funding terms for RMBS important?
A: Changes in RMBS funding terms can signal broader economic conditions, lending appetite, and potential shifts in real estate and financial market dynamics.
Q: How often is this data updated?
A: Typically, this type of Federal Reserve data is collected and reported on a quarterly basis, providing periodic snapshots of market conditions.
Q: What impact do tightened funding terms have?
A: Tightened funding terms can reduce liquidity in the mortgage market, potentially making it more difficult or expensive for borrowers to obtain mortgage financing.
Q: How reliable is this economic indicator?
A: As a Federal Reserve data series, this indicator is considered highly credible and is closely watched by economists, investors, and policymakers.
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Related Trends
37) To the Extent That the Price or Nonprice Terms Applied to Nonfinancial Corporations Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 35 and 36), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 5. Increased Availability of Balance Sheet or Capital at Your Institution. | Answer Type: 2nd Most Important
ALLQ37B52MINR
9) Considering the Entire Range of Transactions Facilitated by Your Institution for Such Clients, How Has the Availability of Additional (and Currently Unutilized) Financial Leverage Under Agreements Currently in Place with Hedge Funds (for Example, Under Prime Broker, Warehouse Agreements, and Other Committed but Undrawn or Partly Drawn Facilities) Changed Over the Past Three Months?| Answer Type: Increased Somewhat
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50) Over the Past Three Months, How Has the Volume of Mark and Collateral Disputes Relating to Contracts of Each of the Following Types Changed?| D. Credit Referencing Corporates. | Answer Type: Decreased Somewhat
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68) Over the Past Three Months, How Has Demand for Term Funding with a Maturity Greater Than 30 Days of Non-Agency Rmbs by Your Institution's Clients Changed?| Answer Type: Increased Somewhat
ALLQ68ISNR
39) Over the Past Three Months, How Has the Volume of Mark and Collateral Disputes with Clients of Each of the Following Types Changed?| B. Hedge Funds. | Answer Type: Remained Basically Unchanged
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31) To the Extent That the Price or Nonprice Terms Applied to Separately Managed Accounts Established with Investment Advisers Have Tightened or Eased Over the Past Three Months (as Reflected in Your Responses to Questions 29 and 30), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 3. Adoption of Less-Stringent Market Conventions (That Is, Collateral Terms and Agreements, ISDA Protocols). | Answer Type: First In Importance
CTQ31B3MINR
Citation
U.S. Federal Reserve, 66) Over the Past Three Months, How Have the Terms Under Which Non-Agency RMBS Are Funded Changed?| A. Terms for Average Clients | 1. Maximum Amount of Funding. | Answer Type: Tightened Considerably [SFQ66A1TCNR], retrieved from FRED.
Last Checked: 8/1/2025