Relevant:
- S&P May Cut $12 Billion of Subprime Mortgage Bonds
- S&P May Cut Six CDO Credit Ratings in Europe on Subprime Losses
- Moody's Largely Downgrades $1.4 Billion In Subprime RMBS
- S&P cuts 1,078 U.S. Alt-A RMBS ratings to 'D'
- Subprime Mortgage Securities Projected to Return Two Thirds of Their Original Principal on Average
2007-10-16 — reuters.com
"Standard & Poor's on Monday cut its ratings on $4.6 billion worth of residential mortgage-backed securities exposed to subprime mortgages, citing expectations of further defaults and losses in the securities."
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