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: Tightened Somewhat
SFQ66A4TSNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-50.00%
Date Range
10/1/2011 - 4/1/2025
Summary
Monitors collateral spreads for average clients in non-agency residential mortgage-backed securities market. Provides critical insights into lending risk and 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 tracks changes in effective financing rates and collateral spreads for average RMBS market participants. It reveals lending environment dynamics.
Methodology
Quarterly survey collecting data from financial institutions about lending terms.
Historical Context
Critical for understanding credit market accessibility and risk pricing.
Key Facts
- Focuses on average client lending terms
- Quarterly updated market indicator
- Reflects broader lending environment
FAQs
Q: What are collateral spreads?
A: Difference between collateral value and effective financing rates in mortgage markets.
Q: Why track average client lending terms?
A: Provides comprehensive view of overall credit market accessibility and risk.
Q: How do collateral spreads impact lending?
A: Wider spreads indicate higher perceived risk and potentially more restrictive lending conditions.
Q: Who benefits from this data?
A: Economists, investors, and financial institutions use it to assess market conditions.
Q: What does 'tightened somewhat' mean?
A: Indicates modest increase in lending restrictions for average market participants.
Related Trends
78) Over the Past Three Months, How Has the Volume of Mark and Collateral Disputes Relating to Lending Against Each of the Following Collateral Types Changed?| A. High-Grade Corporate Bonds. | Answer Type: Remained Basically Unchanged
SFQ78ARBUNR
63) Over the Past Three Months, How Has Demand for Funding of Agency Rmbs by Your Institution's Clients Changed?| Answer Type: Increased Somewhat
ALLQ63ISNR
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?| D. Endowments. | Answer Type: Increased Somewhat
ALLQ21DISNR
46) Over the Past Three Months, How Have Initial Margin Requirements Set by Your Institution with Respect to OTC Credit Derivatives Referencing Securitized Products (Such as Specific ABS or MBS Tranches and Associated Indexes) Changed?| B. Initial Margin Requirements for Most Favored Clients, as a Consequence of Breadth, Duration, And/or Extent of Relationship. | Answer Type: Decreased Considerably
OTCDQ46BDCNR
61) Over the Past Three Months, How Has Demand for Funding of Equities (Including Through Stock Loan) by Your Institution's Clients Changed?| Answer Type: Increased Somewhat
ALLQ61ISNR
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?| A. Possible Reasons for Tightening | 4. Higher Internal Treasury Charges for Funding. | Answer Type: 2nd Most Important
ALLQ31A42MINR
Citation
U.S. Federal Reserve, Non-Agency RMBS Collateral Spreads (SFQ66A4TSNR), retrieved from FRED.