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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 90.56-4.4%3:59 PM EST

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To: Don Green who wrote (38285)3/17/2000 2:46:00 PM
From: Manx  Read Replies (3) of 93625
 
OT: Just For Fun:
Friday March 17, 2:22 pm Eastern Time

Rate hikes may impact U.S. RMBS
performance - S&P

(Press release provided by Standard & Poor's)

NEW YORK, March 17 (Reuters) - Due to recent interest rate
increases, investors should expect changes in the performance of U.S.
residential mortgage-backed securities (RMBS).

For many borrowers, the increased rates have diminished their incentive for refinancing. Therefore, the
average life span of these transactions will increase. This trend will have a direct impact on the
anticipated yield to the certificateholders..................................................
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