Delinquencies Spark Prime Fears

29 Jan 2010

Rising delinquencies in prime nonagency residential mortgage-backed securities have the market worried the sector could be next to fall.

-- Olivia Thetgyi

Rising delinquencies in prime nonagency residential mortgage-backed securities have the market worried the sector could be next to fall. Problems have taken longer to show up in the sector, once considered the safest collateral, than in subprime. But continuing high unemployment and elevated levels of negative ...

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