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Home » Store » Taxable » Bond Market Panel Seeks Answers to CMO Payment Adjustment Problem

Bond Market Panel Seeks Answers to CMO Payment Adjustment Problem

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Taxable

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A Wall Street trade group is looking for a way to stem a rising tide of payment adjustments on non-agency collateralized mortgage obligations. “The problem is large enough that it’s generated a lot of interest. That’s why the trade group decided to get involved. Everyone is interested in reducing the number of late payments,” said Rob Fry, director of fixed-income operations at the Bond Market
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