Suggestions(2)
Exact(2)
Just under half the securities backing those C.D.O.'s were backed by subprime mortgage loans.
This is important as the speculative cycle increases the collateral values of the securities backing up the claims issued by the banking system, which in turn fuels additional inflows, reinforcing the cycle.
Similar(48)
This includes a loss of $940.4 million on certain collateralized debt obligations of asset-backed securities, backed primarily by residential mortgage-backed securities.
Securities backed by subprime mortgages plummeted, but securities backed by other, more stable assets also weakened.
Investors will still buy securities backed by those loans.
Many hedge funds have purchased securities backed by mortgages.
Fitch downgraded the securities backed by this loan in August.
He sees it especially in junk bonds and securities backed with mortgages.
Others would like to buy tradable securities backed by pools of loans issued by banks.
It would be crucial information for trading in securities backed by those kinds of mortgages.
But banks and holders of securities backed by these mortgages could get hit too.
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