Just to throw my ideas out:
1. Yes regarding the defaults and home sales driving prepayments higher, but this doesn't point to a market recovery if your prepayment rates are going up because tenants are being kicked out of their homes.
2. These bonds trading above face value is probably a...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.