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Real Estate & Property Law
: Housing WireFitch Sees SIVs Shed 95% on Subprime Woes
By DIANA GOLOBAY
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The structured investment vehicle (SIV) market has shed 95% of the $400bn of assets under management at the market’s peak in July 2007, according to a report out of Fitch Ratings‘ London operations.
“Initially there were significant market concerns that the failure of the SIVs would result in a mass fire sale of assets,” says Glenn [...]Full post as published by Housing Wire on July 07, 2009 (boomark / email).
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