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Real Estate & Property Law

: Housing Wire

Here We Go Again: S&P Slashes Thousands of RMBS Ratings

By PAUL JACKSON

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There’s a saying about death by a thousand paper cuts, and that’s clearly been taking place for most of the private mortgage-backed securities market over the course of the past twelve months. On Monday, Standard & Poor’s Ratings Services lowered the boom — again — on thousands of Alt-A and subprime RMBS, moving them all [...]

Full post as published by Housing Wire on February 03, 2009 (boomark / email).

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