Non-agency Alert: June Remits Alert: Prepays Slow and Delinquencies Steady

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Non-agency Alert: June Remits Alert: Prepays Slow and Delinquencies Steady

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Non-agency Alert

June Remits Alert: Prepays Slow and

Delinquencies Steady

June Remits 08 July 2026

Prepayments: Prepayment speeds decreased across all sectors for June remits, with Securitized Products Strategy

Jumbo 2.0 recording the largest decrease MoM to 10CPR from14CPR, and Non-QM United States

decreased by 2CPR MoM to 14CPR. Agency investor prepays declined by 1CPR MoM to 9 Pratik K. Gupta

CPR in June, and CES/HELOC prepays declined by 1CPR MoM to 15 CPR. CLO/MBS Strategist

BofAS

Delinquencies: D30+% and D60+% mostly unchanged for June remits. For D30+%. +1pratik.gupta@bofa.com646 855 9146

Non-QM is at 5.5%, Jumbo 2.0 is at 1%, and Agency Investor is at 1%, For D60+%. Non- Chris Flanagan

QM is at 3.4%, Jumbo 2.0 is at 0.6%, and Agency Investor is at 0.6%. FI/MBS/CLO Strategist

Deal Calls: 97 deals across all RMBS sectors have been called this year so far, with a +1christopher.flanagan@bofa.com646 855 6119

balance of around $21bn prior to call. June saw 18 deals called with around $3bn pre-call Andy Fan

balance. Most calls were for Non-QM, NPL, and RTL sectors. This month saw 4 Non-QM CLO/MBS Strategist

deals called with around $1bn pre-call balance, bringing this year’s total to 26 Non-QM BofAS+1 646 855 9145

deals called with a combined balance of $5.8bn right before call. andy.fan3@bofa.com

Akash Bhairav Gupta

Based on call date, currently, there are about $49bn of outstanding balance of Non-QM MBS/CLO Strategist

deals that are callable through 2026 across 35 shelves. Out of that, the top 3 shelves +1 646 855 7717

have about $15bn of callable deals. akashbhairav.gupta@bofa.com

Losses: June remits had $7m losses across all sectors, with Non-QM having the most,