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Alt-A Losses Outstripping Expectations, Moody’s Says : HousingWire || financial news for the mortgage market

The Mess That Greenspan Made found this 11/20/2008 on housingwire.com

Severe delinquencies on recent-vintage Alt-A RMBS are quickly getting worse than expected, Moody’s Investors Service said earlier this week; the rating agency said worsening trends in Alt-A have forced it to undertake a revision of lifetime loss projections for 2006 and 2007 vintages, as a ...