S&P Cuts Ratings On $13.4 Billion Of RMBS Deals From 2006 (Nasdaq)

Standard & Poor’s cut its ratings on $13.4 billion of residential mortgage- backed securities transactions backed by U.S. subprime mortgage loan collateral issued in 2006 because of mounting losses.

Source:S&P Cuts Ratings On $13.4 Billion Of RMBS Deals From 2006 (Nasdaq)

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