Non-Agency RMBS Delinquency Status
Mortgage loan servicers classify the status of each loan that backs the Non-Agency RMBS. As shown below, many borrowers are delinquent or have defaulted. These percentages may change slightly over time as defaults, foreclosures, and principal repayments, among other loan-level activity, will affect the outstanding balance of the Non-Agency RMBS.
The following information will be updated semi-annually. The next update will be completed by April 30, 2014.
Current Clean includes loans that have been current for at least twelve months.
Re-performing includes current loans that have been delinquent within the past twelve months.