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January 7: Commentary - 2008 Credit Performance Prospects are ‘Bleak’

Location: New York
Author:
Date: Monday, January 7, 2008

Based on the credit performance of securitized prime, Alt-A and subprime mortgage loans during October (and previous months), one investment analyst says that as long as current labor and housing market conditions persist, “we should expect substantial further deterioration in mortgage and consumer credit performance.”


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