The GSEs share publicly what the overall credit performance was (like the % serious delinquency), but they don't "itemize" or show what's under the rug. And it's a month or two delayed, and hardly real time.
Here's a snapshot of loans behind GSE prime MBS, and I circled the 3-month avg annual rate of repayment of such prime mortgages.
Remember this, a loan that hangs around longer signals what? Ok, class dismissed.
The right enemy
5 years ago