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Agency Residential Mortgage-Backed Securities (Questions 62-65)

62) Over the past three months, how have the terms under which agency rmbs are funded changed?

   

Please select a date range

    Q4 2011    
 
 
    Q1 2024
Number of Respondents
Name Q1 2024 Q4 2023 Q1 2023
A. Terms for Average Client
1. Maximum amount of funding
Tightened Considerably
0 0 0
Tightened Somewhat
1 1 0
Remained Basically Unchanged
16 16 16
Eased Somewhat
0 0 0
Eased Considerably
0 0 0
2. Maximum maturity
Tightened Considerably
0 0 0
Tightened Somewhat
1 0 1
Remained Basically Unchanged
16 17 15
Eased Somewhat
0 0 0
Eased Considerably
0 0 0
3. Haircuts
Tightened Considerably
0 0 0
Tightened Somewhat
1 0 0
Remained Basically Unchanged
16 17 16
Eased Somewhat
0 0 0
Eased Considerably
0 0 0
4. Collateral spreads over relevant benchmark (effective financing rates)
Tightened Considerably
0 0 0
Tightened Somewhat
1 0 0
Remained Basically Unchanged
13 16 14
Eased Somewhat
3 1 2
Eased Considerably
0 0 0
B. Terms for most favored clients, as a consequence of breadth, duration and/or extent of relationship
1. Maximum amount of funding
Tightened Considerably
0 0 0
Tightened Somewhat
1 1 0
Remained Basically Unchanged
16 16 16
Eased Somewhat
0 0 0
Eased Considerably
0 0 0
2. Maximum maturity
Tightened Considerably
0 0 0
Tightened Somewhat
1 0 1
Remained Basically Unchanged
16 17 15
Eased Somewhat
0 0 0
Eased Considerably
0 0 0
3. Haircuts
Tightened Considerably
0 0 0
Tightened Somewhat
1 0 0
Remained Basically Unchanged
15 17 16
Eased Somewhat
1 0 0
Eased Considerably
0 0 0
4. Collateral spreads over relevant benchmark (effective financing rates)
Tightened Considerably
0 0 0
Tightened Somewhat
1 0 0
Remained Basically Unchanged
13 16 14
Eased Somewhat
3 1 2
Eased Considerably
0 0 0
   

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