Joy Wiltermuth is a reporter at IFR, where she writes about the securitisation market. In the past five years, she has written about new types of mortgage bond deals hatched since the financial crisis, litigation and regulation. She was previously a reporter for Debtwire in New York and also worked for Institutional Investor.
The US ABS market is still finding its groove after a sharp fourth-quarter sell-off that it has been slower to recover from than other types of credit.
JP Morgan and Wells Fargo tested investor appetite for prime residential mortgage-backed securitisations after they both reported falling revenues in the fourth quarter for their home lending units.
JP Morgan and Wells Fargo are testing appetite for a pair of mortgage bond deals after reporting falling revenues in their home lending units for the fourth quarter.