Nov
6th
Fri
6th
Furthermore, you lose a lot of information in a master trust pool. Because new loans are added to the existing collateral pool when new bonds are issued, the performance statistics of the older loans are diluted by the new loans.
—
FT.com / UK - Recent deals signal market’s reopening in the same old style
…many of the core data quality issues in RMBS could be solved by the adoption of ZSINs (Zoopla Standard Identification Number) and thus automated access to rich data and meta-data on underlying property in each pool.