2009-03-02 — housingwire.com
``Top bond traders are not as worried about pending cramdown legislation as some might think — and some are now loading up on Alt-A MBS after what they see as a fear-based sell-off. According to top traders in asset-backed hedge funds who spoke with HousingWire, they’re now loading up on certain subprime and Alt-A products while telling investors to expect big returns this year from distressed asset bets in the residential mortgage sector.''
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