PT - JOURNAL ARTICLE AU - Tim Martin AU - Gunnar Blix AU - Juan Carlos Calcagno TI - Consumer Credit Metrics and Their Application to the ABS and RMBS Markets AID - 10.3905/jsf.2012.17.4.196 DP - 2012 Jan 31 TA - The Journal of Structured Finance PG - 196--204 VI - 17 IP - 4 4099 - https://pm-research.com/content/17/4/196.short 4100 - https://pm-research.com/content/17/4/196.full AB - Although loan-level and CLTV information has been around for a while, adding consumer credit metrics to RMBS analysis completes the 360-degree view of risk. Over the last four years, secondary mortgage capital markets have been transformed by the introduction of consumer credit data to value mortgages and residential mortgage-backed securities. For non-RMBS assets, most of the information available is at the deal and pool level, but the U.S. SEC’s proposed revisions to Reg AB would improve the flow of detailed information.TOPICS: MBS and residential mortgage loans, CMBS and commercial mortgage loans, asset-backed securities (ABS)