Quality of mortgage-backed securities in Ireland to fall

The asset quality of residential mortgage-backed securities in Ireland is set to weaken in 2020, credit reference agency Moody’s has predicted. This is due to the inclusion of buy-to-let loans, higher loan-to-value reperforming loans and fixed-rate mortgages, though underwriting standards and transaction structures will remain strong. Irish GDP growth is expected to fall from 5.2% […]

The post Quality of mortgage-backed securities in Ireland to fall appeared first on PropertyWire.