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....
...He has likened MERS to the Depository Trust & Clearing Corp, the securities clearing house owned by banks that long dealt in paper share certificates....
...: We’ve already written about the ECB’s modest efforts to get around this problem by nudging the euro area towards greater use of capital market funding through the commitment to buy a large amount of asset-backed...
...He said the company next year might issue enhanced equipment trust certificates - these are a cross between a corporate bond and an asset-backed security - to pay for British Airways’ aircraft....
...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....
...But when it came to those mortgage-backed securities in early August 2007, that simple exchange suddenly became complicated....
...The average yield on investment-grade US corporate debt has fallen from 5.9 per cent in 2007 to 2.67 per cent today....
...One week and some “refinements” later, and “class A-2, A-3, and A-AB commercial mortgage pass-through certificates from GS Mortgage Securities Trust 2007-GG10″ are back to triple-A....
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