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S&P downgrades 1,713 classes of mortgage-backed securities issued in ...

Story date: 2007-10-17 01:05:00
Added on: 2007-10-17 16:16:51


CNBC - The downgraded securities represent more than 6 percent of the $371.9 billion of subprime, alt-A and home equity mortgage-backed securities S&P rated during the first half of 2007. The mass review of loans was prompted by similarities between the 2007 ...


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