Non-Agency RMBS Concentration by State

As shown below, the states with the largest percentage of mortgage loans backing the Non-Agency RMBS securities are California, Florida, New York, Texas, and New Jersey. 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 occur by April 2020.

This pie chart shows the percentage of the NGN portfolio that falls under each state category for Q2 2019.

State Concentration History