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Home » Store » Taxable » B&C News Briefs

B&C News Briefs

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â Standard & Poor’s is testing a new version of its LEVELS risk assessment program that will use servicer information to help set enhancement levels on MBS deals. The new LEVELS, version 6.0, will benchmark data from the top-40 servicers against S&P’s foreclosure, bankruptcy, REO, and eviction timeline criteria for the state in which the property is located. The aim of the update is to more accurately capture the impact of servicer risk on MBS…
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