%0 Journal Article %A Suzanne Mistretta %A Andrew Davidson %T Assessing Credit Risk in the RMBS Sector %D 2012 %R 10.3905/jsf.2012.17.4.104 %J The Journal of Structured Finance %P 104-111 %V 17 %N 4 %X U.S. residential mortgage performance is expected to remain under pressure in 2012. Although default rates and the number of serious delinquent loans have been falling, negative equity for non-agency RMBS loans continues to be a primary driver of collateral performance for all borrowers. RMBS credit risk can be measured by various quantitative measures of risk as an alternative to ratings.TOPICS: Credit risk management, MBS and residential mortgage loans, CMBS and commercial mortgage loans %U https://jsf.pm-research.com/content/iijstrfin/17/4/104.full.pdf