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Real Estate & Property Law

: Housing Wire

Fitch Warns on Prime RMBS, Cites Negative Equity

By PAUL JACKSON

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On the heels of the Treasury’s latest plan to work with private investors to purchase private-party RMBS, Fitch Ratings said Monday afternoon that it had revised its projected cumulative loss estimates for 2005-2007 vintage U.S. prime RMBS transactions — in other words, more downgrades are coming. It’s probably more accurate to say that Fitch amplified [...]

Full post as published by Housing Wire on March 24, 2009 (boomark / email).

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