Fitch Solutions says market prices for subprime RMBS continue to show signs of stabilization, although there is little sign of any increase in value.

Fitch Solutions’ Total Market Index fell by three basis points (bps) to 8.31 as of Sep. 1 from 8.34 a month earlier. However, asset values have not shown any signs of recovery, as highlighted by slight falls in the 2004 & 2005 vintage indices. ‘What is important to note is that one of the most maligned subprime vintages did show some signs of relative improvement,’ said Author and Managing Director Thomas Aubrey.