Items Tagged with 'Melbourne'


  • Subprime RMBS, CDOs 'Extinct,' Says Moody's

    Some interesting comments made in Australia Thursday are catching the eye of some market participants, as Moody's Investors Service managing director Jennifer Elliot told conference attendees in Melbourne that more than a few structured finance vehicles are likely headed towards extinction. Subprime RMBS and ABS CDOs are gone, and never likely to return from an issuance standpoint, Elliot said in conference remarks, according to a report from Bloomberg News.
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  • Weakest Housing Markets Will See Double-Digit Declines in 2008: Report

    Key markets in Florida and California are expected to be among the nation's weakest in 2008, with some areas absorbing 15 percent price drops over the next 12 months. California's Inland Empire, including Riverside and San Bernardino, are expected to see 15 percent price declines, according to a report released Monday by risk management firm Veros Real Estate Solutions.
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