@article {D{\textquoteright}Vari47, author = {Ron D{\textquoteright}Vari and Timothy Bernstein}, title = {What Lies Ahead: The Challenges of Securitizing Non-Qualifying Mortgage Loans }, volume = {22}, number = {1}, pages = {47--55}, year = {2016}, doi = {10.3905/jsf.2016.22.1.047}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Since the financial crisis, the private-label residential mortgage-backed securities (RMBS) market has remained stagnant, in large part because of regulations put in place during the aftermath of the crisis. Although firms have recently begun to revisit private-label securitization, uncertainty in the market is still strong. This article reviews the securitization process, examines the challenges that the private-label RMBS market faces, and explores the opportunities that non-Qualified Mortgage lenders have if they target the right borrowers and follow certain policies and procedures.TOPICS: MBS and residential mortgage loans, legal/regulatory/public policy}, issn = {1551-9783}, URL = {https://jsf.pm-research.com/content/22/1/47}, eprint = {https://jsf.pm-research.com/content/22/1/47.full.pdf}, journal = {The Journal of Structured Finance} }