Mexico RMBS Outlook Seen Bleak

Mexico RMBS Outlook Seen Bleak

Structured Finance

Mexico’s RMBS issuers see lower volumes in 2009 and remain uncertain about when they can issue next. “The next few months will be challenging. The investor mood has to be to wait and see how things happen in the US,” Jose de Jesus Gomez, head of the MBS program at Infonavit, said at a recent Moody’s LatAm securitization panel in New York. He adds that Infonavit will come to market if decent conditions return, but the shop can still hit a target of 500,000 mortgages without returning for the rema

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