Items Tagged with 'George Kimmel'


  • S&P: U.S. Subprime Market Correction Continues

    The appetite for U.S. subprime loans from the secondary market has exceeded demand in recent quarters, encouraging an erosion in underwriting standards, Standard & Poor's Ratings Services said in a recent report. The report, U.S. Subprime Market Continues Correction As Issuers Strengthen Underwriting Standards, notes that early payment defaults and increased early delinquencies in the 2006 vintage have been key factors in evaluating current subprime performance.
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