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  • Comment Detail

  • Date: 05/21/24
    First Name: Brian
    Last Name: Bartock
    Organization: Cello Capital Management
    City: Winston Salem
    State: N/A
    Attachment: N/A
    Number: 2024-N-5

  • Comment

    As a potential purchaser of the MBS Pools created via this program we would like to suggest particular data elements that market participants will need for more robust prepay and credit modeling purposes. The addition of these fields should facilitate maximum liquidity for the securities from initial product launch. The fields we would like to see disclosed pertain to the underlying first lien mortgage loan: Original Loan size, current loan size, Original LTV, Note Rate, pass-through rate, and if the borrower has any partial claims that may impact a Combined Loan-to-Value calculation.