JHF RMBS Performance Watch May 2025 Focuses On Borrower Attributes

TOKYO (S&P Global Ratings) May 8, 2025--Delinquency rates have risen slightly but low and stable unemployment will underpin future performance of the mortgage loans underlying transactions issued by the Japan Housing Finance Agency (JHF). This finding is in "JHF RMBS Performance Watch May 2025: Eyes On Borrower Attributes," published May 8, 2025. The report monitors the performance of residential mortgage-secured pass-through notes issued by JHF. In the report, we describe the performance trends of the pools of entrusted receivables backing the structured notes issued up to the end of January 2025, broken down by either year of note issuance or year of underlying loan vintage. The report also noted: We are monitoring delinquency and replacement and withdrawal rates, which have

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