2008-05-15marketwatch.com

Poor performance of second lien residential mortgage-backed securities (RMBS) could impact the credit ratings of bond insurers, Moody's Investors Service said on Tuesday. Bond insurers have significant exposure to second lien RMBS, mainly through guaranties on the securities and, to a lesser extent, through exposure to collateralized debt obligations backed by such assets, the rating agency noted.


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread




Mortgages Blog DirectoryFinance blogs

Mortgage Lender Implodes and News Finance Blogs - Blog Catalog Blog Directory