Principal Cuts Can Have Mixed Impact on RMBS

Principal reductions, such as those agreed to in the state AG settlement with five large servicers, may help residential MBS performance in some ways but hurt in others, according to a new report from Fitch Ratings.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_550/principal-cuts-impact-rmbs-1029167-1.html

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