Alternative Mortgages Changing the Risk Profiles of Subprime MBS, Analysts Find
May 19, 2006
The composition of the subprime mortgage market is changing – and whether those changes are for the better is open to debate. On the one hand, analysts point to a rising number of alternative mortgage products as a potentially bad sign for performance in the years ahead. But on the other hand, there are indications that concerns about risk layering may be overblown.