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Fitch Downgrades $18.4 Billion of 2006 Subprime Mortgage Bonds

Story date: 2007-10-03 12:52:00
Added on: 2007-10-03 14:00:27


Bloomberg - ... or placed on review 496 bonds backed by first mortgages issued last year, or 3 percent of the total, including $5.3 billion of bonds backed by subprime loans. Moody's said last month it expects to downgrade more subprime-mortgage ...


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