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» New Valuation Information Muddies the Water at Fairbanks, and Could Put MBSs at Risk
New Valuation Information Muddies the Water at Fairbanks, and Could Put MBSs at Risk
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Changes in the criteria that Fairbanks Capital Corp. uses to choose properties for appraisal review could put MBS investors at risk – and point to new problems at the beleaguered subprime mortgage servicer – rating agency Fitch has warned.