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» 40-Year Loans in Subprime MBS Less Risky Than IOs, Moody’s Says
40-Year Loans in Subprime MBS Less Risky Than IOs, Moody’s Says
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Extended amortization products, such as 40-year mortgages, are gaining popularity within the subprime market, and Moody’s Investors Service recently announced a favorable stance on the products as well...