Is RMBS Credit More Insulated from Originator Woes this Time Around?

National Mortgage News, Sept. 9, 2022–Bonnie Sinnock (subscription)
Investors have been watching the mortgage industry closely as it has downsized amid the sudden uptick in interest rates this year, which begs the question: To what extent will the bankruptcy-remote trusts used in private securitization protect loan performance from originator struggles?