The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (72015)	2/12/2007 5:51:41 PM
From: CalculatedRisk	Read Replies (1) of 306849

Moody's: U.S. homeowners with good credit may be defaulting more often. yahoo.reuters.com The report by Moody's Investors Service about "prime" loans came amid mounting concern about "subprime" borrowers, who have weaker credit histories. Investors worry that as home price appreciation slows, people will have more difficulty refinancing adjustable-rate loans as rates reset higher. ... Moody's said delinquencies of 60 days or more on securitized prime "jumbo" mortgage loans rose to 0.323 percent in November, the highest in 2006. <MORE>

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