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» Mortgage Market Fallout Extending to Bond Guarantors As S&P Sees Higher Losses, Moody’s Eyes Downgrades
Mortgage Market Fallout Extending to Bond Guarantors As S&P Sees Higher Losses, Moody’s Eyes Downgrades
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Subprime mortgage losses are now haunting bond guarantors, as company losses are expected to rise and rating service evaluations are likely to drop. Standard & Poor’s announced last week the results of an update to its bond insurance stress...