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Arrested Issuance Persists as C-BASS Falls: New issuance grinds to a halt as stability eludes indices

MGIC Investment Corp. and Radian Group were not the only stakeholders to lose confidence in the outlook for the subprime market last week. Across the entire consumer ABS spectrum, capital markets investors dug in their heels and held onto their cash so tightly that they virtually shut down the...

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