Props holding up values of risky mortgage securities are giving way

Story date: 2007-10-28 06:11:00
Added on: 2007-10-28 11:00:23

International Herald Tribune - NEW YORK : The props holding up the values of risky mortgage securities finally started to give way last week. And that means ... But Moody's downgrade is notable because many investors holding CDOs, like insurance companies, have to sell them when their ...


Read more...

Related Stories:

• Props holding up values of risky mortgage securities are giving way (International Herald Tribune)

  The $30 billion in losses and write-downs taken by big brokerage firms in the third quarter are not likely to be the...
  2007-10-28 06:36:14

• Miles Mogulescu: Let's Give Hillary Her Props (HuffingtonPost)

  Those of us who have not supported Hillary Clinton in the Democratic race must now give Hillary her props both for an...
  2008-06-07 01:17:59

• Merrill takes $7.9B mortgage hit

  CNN Money - Fears about rising defaults on risky home loans have scared investors away from mortgage-backed securities, resulting in a decline...
  2007-10-24 05:04:00

• Home buying traps to avoid (The Edmond Sun)

  It’s the American dream that has of late seen a dark cloud emerging overhead. The cloud is named “dropping home values.” It’s...
  2007-10-27 04:51:49

• New York Community: No Subprime Exposure

  MSN MoneyCentral - Numerous banks have reported credit losses this summer, after a spike in defaults among subprime borrowers left them holding...
  2007-09-11 06:59:00

• The tea-leaf approach to pricing securities

  International Herald Tribune - ... are securities that Citi evidently saw as being of little or no concern only ... Then...
  2007-11-08 10:16:00

• Mortgage-related funds could be sending bond values south (San Diego Union-Tribune)

  Take a look at your bond mutual funds. Do they make you feel cozy – insulated from the mortgage mess? Looks may...
  2008-02-10 12:44:12

• Ratings Firms Defend Assessment of Loan Securities (Washington Post)

  For months, securities backed by risky mortgage loans have been in trouble. Now, the credit-rating agencies that once blessed those securities as...
  2007-08-28 02:20:01