Fixed Income, ABS, Mortgage Securities Issuance to Decline; Non-Agency Mortgage Defaults Expected to Rise, Pros Predict
January 17, 2008
Get ready for another tough year. A securities industry group says fixed-income, asset-backed and mortgage-backed securities issuance will drop in 2008, while a capital markets analyst predicts the default rates for prime, Alt A and subprime loans will all rise...