Some Private-Label HECM MBS Face Downgrades

Moody’s Investors Service has downgraded 16 private-label HECM reverse mortgage-backed securities from 12 deals in a move that affects $5 billion in bonds.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_482/hecm-mbs-face-downgrades-1027578-1.html

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