62) Over the Past Three Months, How Have the Terms Under Which Agency RMBS Are Funded Changed?| B. Terms for Most Favored Clients, as a Consequence of Breadth, Duration And/or Extent of Relationship | 3. Haircuts. | Answer Type: Tightened Somewhat
SFQ62B3TSNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
10/1/2011 - 4/1/2025
Summary
Tracks changes in funding terms for agency residential mortgage-backed securities (RMBS). Provides insight into lending conditions for most favored financial clients.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric evaluates shifts in funding haircuts for agency RMBS. It reflects underlying market liquidity and risk assessment in mortgage securities.
Methodology
Surveyed from financial institutions reporting quarterly funding term adjustments.
Historical Context
Used by regulators and investors to assess mortgage market stability.
Key Facts
- Tracks quarterly changes in RMBS funding
- Focuses on most favored client terms
- Indicates market risk perception
FAQs
Q: What are RMBS haircuts?
A: Haircuts represent the discount applied to collateral value in securities lending. Lower haircuts indicate lower perceived risk.
Q: Why do RMBS funding terms matter?
A: They signal market liquidity and financial institutions' risk assessment of mortgage securities.
Q: How often is this data updated?
A: The series is typically updated quarterly by financial reporting institutions.
Q: Who uses this economic indicator?
A: Investors, regulators, and financial analysts use it to understand mortgage market conditions.
Q: What does 'tightened somewhat' mean?
A: Indicates slightly more restrictive funding terms compared to previous quarter.
Related Trends
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24) Over the Past Three Months, How Has Your Use of Nonprice Terms (for Example, Haircuts, Maximum Maturity, Covenants, Cure Periods, Cross-Default Provisions or Other Documentation Features) with Respect to Insurance Companies Across the Entire Spectrum of Securities Financing and OTC Derivatives Transaction Types Changed, Regardless of Price Terms?| Answer Type: Remained Basically Unchanged
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25) To the Extent That the Price or Nonprice Terms Applied to Insurance Companies Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 23 and 24), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 1. Improvement in Current or Expected Financial Strength of Counterparties. | Answer Type: 3rd Most Important
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73) Over the Past Three Months, How Have Liquidity and Functioning in the CMBS Market Changed?| Answer Type: Improved Considerably
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Citation
U.S. Federal Reserve, RMBS Funding Terms (SFQ62B3TSNR), retrieved from FRED.