SubPrime spiral can hurt MBS markets
As subprime loan market sinks, worries grow of a wider problemTwenty-one subprime lenders have filed for bankruptcy since December. The shakeout in the industry, which caters to making home loans to buyers with less-than-desirable credit, may auger more widespread problems in the economy and mortgage-backed securities.
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loans, lending, subprime, mortgages, MBS, mortgage backed securities, bond markets
Labels: bond markets, lending, loans, MBS, mortgage backed securities, mortgages, subprime
posted by Victor Lloyd Smith @ 4:17 PM
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