Q3 2024, Non-agency Residential Mortgage-Backed Securities (Questions 66-69): 66) Over the past three months, how have the terms under which non-agency rmbs are funded changed? | FRED

Non-agency Residential Mortgage-Backed Securities (Questions 66-69)

	Number of Respondents
Name	Q3 2024	Q2 2024	Q3 2023
A. Terms for Average Client
1. Maximum amount of funding
Tightened Considerably	0	0	0
Tightened Somewhat	0	1	1
Remained Basically Unchanged	17	16	13
Eased Somewhat	0	0	1
Eased Considerably	0	0	0
2. Maximum maturity
Tightened Considerably	0	0	0
Tightened Somewhat	0	1	1
Remained Basically Unchanged	17	16	13
Eased Somewhat	0	0	1
Eased Considerably	0	0	0
3. Haircuts
Tightened Considerably	0	0	0
Tightened Somewhat	0	1	3
Remained Basically Unchanged	16	13	10
Eased Somewhat	1	3	2
Eased Considerably	0	0	0
4. Collateral spreads over relevant benchmark (effective financing rates)
Tightened Considerably	0	0	0
Tightened Somewhat	0	2	2
Remained Basically Unchanged	14	11	11
Eased Somewhat	3	4	2
Eased Considerably	0	0	0
B. Terms for most favored clients, as a consequence of breadth, duration and/or extent of relationship
1. Maximum amount of funding
Tightened Considerably	0	0	0
Tightened Somewhat	0	1	0
Remained Basically Unchanged	16	16	13
Eased Somewhat	1	0	2
Eased Considerably	0	0	0
2. Maximum maturity
Tightened Considerably	0	0	0
Tightened Somewhat	0	1	0
Remained Basically Unchanged	16	16	14
Eased Somewhat	1	0	1
Eased Considerably	0	0	0
3. Haircuts
Tightened Considerably	0	0	0
Tightened Somewhat	0	1	2
Remained Basically Unchanged	16	14	11
Eased Somewhat	1	2	2
Eased Considerably	0	0	0
4. Collateral spreads over relevant benchmark (effective financing rates)
Tightened Considerably	0	0	0
Tightened Somewhat	0	2	1
Remained Basically Unchanged	15	12	12
Eased Somewhat	2	3	2
Eased Considerably	0	0	0