Are All Ratings Created Equal? The Impact of Issuer Size on the Pricing of Mortgage-Backed Securities

Material TypeArticleLanguageEnglish
TitleAre All Ratings Created Equal? The Impact of Issuer Size on the Pricing of Mortgage-Backed Securities Author(S)JIE (JACK) HE (Author)
Abstract  Initial yields on both AAA-rated and non-AAA rated mortgage-backed security (MBS) tranches sold by large issuers are higher than yields on similar tranches sold by small issuers during the market boom years of 2004 to 2006. ...Paginationp 2097–2137
SubjectEconomicsDescriptorsEconomics
Journal TitleThe Journal of Finance  
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