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Loan Modification

: Mortgage Lender Implode-o-Meter

S&P Increases 2005-07 Subprime and Alt-A Loss Assumptions

By Implode-Explode Heavy Industries

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"Standard & Poor?s has increased its loss assumptions for projected losses for U.S. residential mortgage-backed securities (RMBS) transactions backed by subprime and Alternative-A (Alt-A) collateral issued in 2005, 2006, and 2007. ?We are updating all of our 2005, 2006, and 2007 deal-specific subprime default projections."

Full post as published by Mortgage Lender Implode-o-Meter on July 09, 2009 (boomark / email).

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