Industry News

Financial guarantee companies have subprime exposure

Moody's warns 4 of 5 CDO insurers could face downgrades
Published on Sep 26, 2007

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Moody’s Investors Service warned Tuesday that four out of five financial guarantee companies it covers that insure collateralized debt obligations (CDOs) have indirect exposure to subprime mortgage loans that could affect their ratings. Moody’s said that five companies it provides ...