From researchrecap.com
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2007 USA Realty Meltdown
Following the effects of the 2007 USA Realty Meltdown as homes go begging for sale.
CreditSights says accelerating shift from interest-only to higher amortising payments will spur delinquencies.
Excerpts from US RMBS Update: A Payment-Shock Seesaw
Delinquencies of 2005-vintage subprime and Alt-A loans will likely continue to be boosted because of mortgage-related payment shocks, CreditSights says in its latest update on the US RMBS market:
“The past year has seen only 7% of [...]
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