August RMBS Default Index Results
Key Take-Aways: Contrary to S&P data, Coolabah’s globally unique hedonic index of compositionally-adjusted Australian RMBS default rates shows defaults trending higher after controlling for the date of the RMBS issue, the average life of the loans, the average LVRs and geographic biases Coolabah has also developed another global first, which is a hedonically-adjusted mortgage prepayment …
