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Alt-A Next Target for Downgrades

Troubles in subprime have begun to creep up the credit spectrum. As expected, after the bloodbath of recent subprime downgrades, the Alt-A RMBS sector took a hit last week.

Moody's Investors Service placed 66 tranches from 33 Alt-A RMBS transactions issued in 2005 and 2006 under review for a...

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