RT Journal Article SR Electronic T1 Re-REMICs: New and Improved JF The Journal of Fixed Income FD Institutional Investor Journals SP 5 OP 12 DO 10.3905/JFI.2010.19.3.005 VO 19 IS 3 A1 Laurie S Goodman A1 Roger Ashworth A1 Brian Landy A1 Ke Yin YR 2009 UL https://pm-research.com/content/19/3/5.abstract AB Most of the RMBS securities originally purchased with an AAA rating and thought to have little or no credit risk have either been downgraded or are likely to be downgraded and will eventually take credit losses. These instruments no longer fit the needs of regulated institutions or of total return money managers and are mandated to manage only highly rated assets. By providing more credit support to the senior tranche through a re-REMIC structure, properly enhanced AAA securities that better meet the needs of investors can be created. These securities are priced very attractively as alternative investment opportunities.TOPICS: MBS and residential mortgage loans, information providers/credit ratings, portfolio construction