OREANDA-NEWS. After three strong quarters in 2015, year-to-date U.S. prime jumbo RMBS issuance has already eclipsed 2014's total issuance, according to Fitch Ratings in its latest quarterly 'US Prime Jumbo RMBS Trends' report.

Fitch reports seven RMBS deals coming to market in the third-quarter 2015 (3Q'15), representing a continued decline from 1Q'15 and 2Q'15 (12 and 10 transactions, respectively). Despite this trend, the roughly $10.1 billion of issuance from 29 transactions has already surpassed the 2014 total of $8.3 billion from 26 transactions, and may yet exceed 2013 totals with a strong closing quarter.

The performance of post-crisis RMBS remains exceptional. 'Post-crisis prime jumbo loans are rolling delinquent at one-fifth the rate of their pre-crisis counterparts,' said Director Sean Nelson.