![]() ![]() |
||
2007-09-11 — seekingalpha.com
"
Pools of Alt-A mortgage backed securities [MBS] are packaged and marketed as being more appealing to traditional MBS yield seekers because they are perceived to offer temporary protection from prepayment risk (in a falling interest rate environment). However, this prepayment risk can be counterbalanced by a higher credit risk—as is being borne out in the volatile credit markets of 2007."
source article |
permalink |
discuss |
subscribe by:
Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |