66) Over the Past Three Months, How Have the Terms Under Which Non-Agency RMBS Are Funded Changed?| A. Terms for Average Clients | 4. Collateral Spreads Over Relevant Benchmark (Effective Financing Rates). | Answer Type: Eased Somewhat
SFQ66A4ESNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
10/1/2011 - 4/1/2025
Summary
Measures changes in collateral spreads for average clients in non-agency residential mortgage-backed securities. Provides insight into evolving lending market conditions.
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 indicator tracks effective financing rates and collateral spread adjustments for typical RMBS market participants. It reflects broader lending environment shifts.
Methodology
Quarterly survey of financial institutions reporting lending term modifications.
Historical Context
Critical for understanding mortgage market lending dynamics and risk assessment.
Key Facts
- Indicates slight easing of lending terms
- Reflects average client market conditions
- Quarterly reporting mechanism
FAQs
Q: What does 'eased somewhat' mean?
A: Suggests modest improvement in lending terms for average RMBS market participants.
Q: How are collateral spreads calculated?
A: Measured by comparing effective financing rates against benchmark market rates.
Q: Why track these changes?
A: Provides early indicators of shifting mortgage market lending conditions.
Q: Who benefits from this information?
A: Investors, risk managers, and financial analysts use these insights for decision-making.
Q: How frequently is this data updated?
A: Reported quarterly to capture evolving market lending dynamics.
Related Trends
18) 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 Mutual Funds, Etfs, Pension Plans, and Endowments Across the Entire Spectrum of Securities Financing and Otc Derivatives Transaction Types Changed, Regardless of Price Terms?| Answer Type: Tightened Considerably
ALLQ18TCNR
19) To the Extent That the Price or Nonprice Terms Applied to Mutual Funds, ETFs, Pension Plans, and Endowments Have Tightened or Eased Over the Past Three Months (as Reflected in Your Responses to Questions 17 and 18), What Are the Most Important Reasons for the Change?| A. Possible Reasons for Tightening | 7. Less-Aggressive Competition from Other Institutions. | Answer Type: First In Importance
CTQ19A7MINR
51) Over the Past Three Months, How Has the Duration and Persistence of Mark and Collateral Disputes Relating to Contracts of Each of the Following Types Changed?| B. Interest Rate. | Answer Type: Increased Considerably
OTCDQ51BICNR
21) Considering the Entire Range of Transactions Facilitated by Your Institution, How Has the Use of Financial Leverage by Each of the Following Types of Clients Changed Over the Past Three Months?| D. Endowments. | Answer Type: Decreased Somewhat
CTQ21DDSNR
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
ALLQ24RBUNR
62) Over the Past Three Months, How Have the Terms Under Which Agency RMBS Are Funded Changed?| A. Terms for Average Clients | 1. Maximum Amount of Funding. | Answer Type: Tightened Considerably
SFQ62A1TCNR
Citation
U.S. Federal Reserve, Non-Agency RMBS Funding Terms (SFQ66A4ESNR), retrieved from FRED.