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» Moody’s Places 11 Prime Jumbo MBS Deals on Watch For a Possible Downgrade, a Rarity for the Collateral
Moody’s Places 11 Prime Jumbo MBS Deals on Watch For a Possible Downgrade, a Rarity for the Collateral
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Moody’s Investors Service warned late last week that downgrades are possible for some prime jumbo MBS issued in 2006 and 2007, and placed 23 tranches from 11 deals on review. “Downgrades in the jumbo sector have traditionally been rare,” Moody’s...