Q1 2024, Non-agency Residential Mortgage-Backed Securities (Questions 66-69): 66) Over the past three months, how have the terms under which non-agency rmbs are funded changed? | FRED

Non-agency Residential Mortgage-Backed Securities (Questions 66-69)

	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	0	0
Remained Basically Unchanged	13	15	14
Eased Somewhat	0	0	0
Eased Considerably	0	0	0
2. Maximum maturity
Tightened Considerably	0	0	0
Tightened Somewhat	1	1	1
Remained Basically Unchanged	13	14	13
Eased Somewhat	0	0	0
Eased Considerably	0	0	0
3. Haircuts
Tightened Considerably	0	0	0
Tightened Somewhat	1	1	2
Remained Basically Unchanged	11	12	9
Eased Somewhat	2	2	3
Eased Considerably	0	0	0
4. Collateral spreads over relevant benchmark (effective financing rates)
Tightened Considerably	0	0	0
Tightened Somewhat	1	2	3
Remained Basically Unchanged	9	11	7
Eased Somewhat	4	2	4
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	13	13	14
Eased Somewhat	0	1	0
Eased Considerably	0	0	0
2. Maximum maturity
Tightened Considerably	0	0	0
Tightened Somewhat	1	0	1
Remained Basically Unchanged	13	15	13
Eased Somewhat	0	0	0
Eased Considerably	0	0	0
3. Haircuts
Tightened Considerably	0	0	0
Tightened Somewhat	1	1	2
Remained Basically Unchanged	11	12	9
Eased Somewhat	2	2	3
Eased Considerably	0	0	0
4. Collateral spreads over relevant benchmark (effective financing rates)
Tightened Considerably	0	0	0
Tightened Somewhat	2	3	2
Remained Basically Unchanged	9	10	8
Eased Somewhat	3	2	4
Eased Considerably	0	0	0