Fitch Downgrades $18.4 Billion of 2006 Subprime Bonds (Update2)
Story date: 2007-10-03 03:01:00
Added on: 2007-10-03 15:17:15
Bloomberg - Fitch reduced ratings on $6.6 billion of bonds backed by second- lien subprime mortgages. Fitch, a unit of Paris-based Fimalac SA, began a review in July of every transaction containing mortgages to borrowers with poor credit after ...
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