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Adverse Behavior of U.S. MH ABS Ratings Highlights Challenges

By Erkan Erturk, Ph.D., Director, Kelly Luo, Ratings Specialist, Monica Perelmuter, Associate Director, and Mark Risi, Ratings Specialist, Standard & Poor's Ratings Services

U.S. manufactured housing ABS ratings experienced significant volatility in terms of downgrades and defaults during the past several years. The downward pressure on the sector began...

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