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Real Estate & Property Law

: Housing Wire

Moody?s See Decelerating Jumbo Declines Around Falling House Prices

By JACOB GAFFNEY

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During a revision of Moody’s Investors Service loss projections for U.S. prime jumbo residential mortgage backed securities (RMBS) issued between 2005 and 2008, the credit rating agency finds that the growth in new delinquency levels beyond the Q210 is expected to decline. On average, Moody’s is now projecting cumulative losses of 3.8% for 2005 securitizations, 8.0% [...]

Full post as published by Housing Wire on December 18, 2009 (boomark / email).

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