(Reuters) - Standard & Poor's said on Tuesday it may cut 612
residential mortgage-backed securities backed by U.S. subprime
loans, traders said.
The ABX 2007-1 "BBB-minus" index, which references risky
home loans made in last year's second half, fell 6.5 points to
49 from 55.5 on Monday, traders said.
Read more at Reuters.com Bonds News
residential mortgage-backed securities backed by U.S. subprime
loans, traders said.
The ABX 2007-1 "BBB-minus" index, which references risky
home loans made in last year's second half, fell 6.5 points to
49 from 55.5 on Monday, traders said.
Read more at Reuters.com Bonds News
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