S&P Downgrades $23 Billion Mortgage Bonds Backed by '07 Home Loans (Nasdaq)
Story date: 2007-10-17 01:38:49
Added on: 2007-10-17 16:16:49
NEW YORK -(Dow Jones)- Standard & Poor's Ratings Services cut Wednesday the credit ratings on $23.35 billion of U.S. securities backed by pools of home loans that were extended to borrowers in the first six months of 2007.
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