Hints and tips:
...While many of the borrowers had questionable personal credit ratings, the CWABS Asset-Backed Certificates Trust 2005-11 were deemed much safer credits....
...A year later Countrywide Financial bundled the mortgage with 10,000 others from around the country into the Countrywide Asset Backed Certificates Trust 2006-06....
...The funds were in- vested heavily in U.S. home-mortgage-backed securities that had become nearly impossible to value....
...BarCap cites the case of BSCMS 2006-PWR11, better known as the ‘Courtyard by Marriot-Beachwood’ loan....
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