Moody's will complete report on mortgage downgrades and CDOs near end ...
Story date: 2007-10-26 12:54:00
Added on: 2007-10-26 13:34:33
CNBC - The investment banks that sell these mortgage-backed securities pool home loans into tranches and sell them as bonds. Moody's said the struggling housing market is discouraging people from paying their mortgages, which means people who bought these ...
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