Relevant:
- Fitch Warns on Prime RMBS, Cites Negative Equity
- Fitch Places $97B of SF CDOs on Watch Negative on Worsening Mortgage Performance
- Get Ready For More Downgrades: S&P Revises RMBS Ratings Assumptions (Again)
- $134bn of Option ARMs to Recast by 2011
- Fitch: U.S. RMBS Loss Severities to Rise 5-10% on Rising Costs & Weakening Home Values
2008-12-15 — housingwire.com
"Citing “a rapid deterioration of U.S. Alt-A RMBS performance,†Fitch Ratings again took the hatchet to its previous assumptions for Alt-A mortgages on Monday morning, revising its surveillance methodology and updating loss projections for all U.S. Alt-A RMBS."
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