Fitch Urges Asset Managers to Do Deeper Analysis in Pricing Distressed MBS Tranches
July 2, 2009
Owners of distressed loan portfolios should conduct a more detailed analysis of valuation factors rather than depend on an index as a proxy for obtaining a price for a particular residential MBS tranche, according to analysts with Fitch Solutions. A new Fitch study on valuation of non-agency MBS tranches is the kind of drill-down analysis that asset managers should be conducting in...