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S&P cuts $23.35 bln subprime RMBS, affirms $245.1 bln

Story date: 2007-10-17 01:12:00
Added on: 2007-10-17 16:16:50


Reuters - The RMBS downgrades included 1,713 classes of first-lien subprime mortgage loans, Alternative-A and closed-end second-lien mortgages, S&P said. The rating agency also affirmed the ratings on $245.1 billion of subprime RMBS from the 2007 first half ...


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