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‘Going to zero’

By PAUL JACKSON
Published: February 23, 2007

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Bloomberg reports on the continued freefall in BBB- on ABX indices, and says tightened underwriting criteria are further fueling a credit crunch in subprime lending.

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HW Market Ticker

DJIA	11288.54	+73.03
CFC	0.00	+0.00
DSL	2.63	-0.22
FNM	18.78	-0.65
FRE	14.50	-1.42
IMB	0.67	-0.07
IMH	0.73	-0.04
JPM	35.31	+0.71
LEH	22.85	+0.49
MBI	4.05	+0.08
MER	31.12	-0.03
PMI	1.48	-0.10
RDN	1.02	+0.25
WB	14.88	-0.50
WM	5.38	+0.07

2008-07-03 13:04

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