Subprime Lending

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S&P: Alt-A Issuance Strong in First Quarter 

Jun 03, 2007By

Just saw a press release from Standard & Poor’s last week on Alt-A issuance in the first quarter — in a word, surprising: Issuance of bonds backed by Alt-A mortgages during the first quarter continued at high volumes, dipping only slightly from the record seen throughout 2006 despite the problems in the subprime market, Standard & Poor’s Ratings Services said in a recent report. …

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