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Home » Store » News » Moody’s Adjusts Criteria as ‘Super-Senior’ Jumbo Innovation Comes to the Non-Prime Market

Moody’s Adjusts Criteria as ‘Super-Senior’ Jumbo Innovation Comes to the Non-Prime Market

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Non-prime securitizers are beginning to make use of an innovation that has taken hold in the jumbo market, the so-called “super senior” structure. But Moody’s Investors Service is warning that some classes in deals that make use of the risk absorption technique could require extra support to get an Aaa rating. …
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