||Page last updated 11/17/2014
This website is your source for information on annual Structured Securities surveillance, including background information, updated project details as they become available, and how to file these securities in your Annual Statement filing.
Please note the information on this website may be updated frequently. Please check back regularly to ensure you have the latest information.
Pricing: The 2014 Structured Securities modeled data prices for CUSIPs held by insurers will remain the same as the past three years with $88 per CMBS CUSIP and $61.60 per RMBS CUSIP.
Note: For Mortgage-Referenced securities filing information please see the SSG section of the Capital Markets & Investment Analysis Office website under Filing Instructions & Forms.
Challenge a Security Status if you feel that a security was not appropriately evaluated. The form can be filled out in AVS+ under ‘Searches > Structured Securities>Challenge STS Security’.
Request Securities for Consideration will now show if it will be included in ‘Phase 1’ processing with the initial modeled data or ‘Phase 2’, which will be included in the addendum file in January.
Documentation Standards for RMBS/CMBS
(click here for full text of amendment to Purposes and Procedures Manual).
Timeline for 2014 surveillance:
September 26, 2014 – Was the last day to submit changes to the current billing contact for your company’s 2014 initial invoice. Please Note: If we did not receive any notification from your company prior to this date, the initial invoice will be sent to the current billing contact for that company. If your company is part of a group, the invoice will be sent to the contact for the company in the group that holds the largest assets of RMBS/CMBS securities.
October 17, 2014 – 5 p.m. CT deadline to order and purchase additional modeled results for last year’s 2013 portfolio.
November 3, 2014 — Initial invoice notifications were emailed to the designated contact. The amount of the invoice is based on the reported RMBS/CMBS holdings of the 2013 annual statement filing, adjusted for changes reported in first quarter and second quarter 2014 filings.
November 3, 2014 — Companies started submitting additional securities to their portfolios to purchase or to be considered for modeling in the December file.
November 4, 2014 — New this year! Companies can challenge the status of a security in AVS+ if they consider that a security was not appropriately evaluated.
November 17, 2014 — 11:59 p.m. CT deadline for submitting securities to be considered for modeling to be included in the December file. Submissions received after this date will be considered for modeling in the January addendum file.
Late December: RMBS/CMBS modeled data will be posted to AVS+.
January 1, 2014: Deadline to challenge the status of a security in AVS+ if they consider that a security was not appropriately evaluated.