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Real Estate & Property Law

: Housing Wire

?Serious Delinquencies? May Cause RMBS Downgrades

By DIANA GOLOBAY

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Moody’s Investor Services announced Thursday it had revised its loss projections for residential mortgage-backed securities (RMBS) backed by prime jumbo loans. The vintage of RMBS in question was issued from 2005 to 2008; Moody’s said it expects the 2005 vintage securitization to lose 1.7 percent, the 2006 vintage to lose 3.55 percent and the 2007 [...]

Full post as published by Housing Wire on March 19, 2009 (boomark / email).

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