PT - JOURNAL ARTICLE AU - Ron D’Vari AU - Timothy Bernstein TI - What Lies Ahead: <em>The Challenges of Securitizing Non-Qualifying Mortgage Loans</em> AID - 10.3905/jsf.2016.22.1.047 DP - 2016 Apr 30 TA - The Journal of Structured Finance PG - 47--55 VI - 22 IP - 1 4099 - https://pm-research.com/content/22/1/47.short 4100 - https://pm-research.com/content/22/1/47.full AB - 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