Title:

Freddie Mac RMBS Risks - Stressing the Stress Test

Price:$150.00
Publication Date:Apr 02, 2008
Source:CreditSights Inc
Report Type:Article
Abstract:Will Freddie Mac take losses of less than 0.1% on its RMBS portfolio, as it concludes in its own stress test? Given Freddie's systemic importance, any losses in excess of these estimates could have serious implications for broader markets.
Brief Excerpt: Freddie Mac RMBS Risks - Stressing the Stress Test Freddie Mac's own published stress test of its $###bn RMBS portfolio suggests that losses will only amount to less than #.#%. We discuss possible flaws in the methodology of its stress...
Word Count:3460
Report Type:Article
Topic:Strategy Structured Products, Subprime
Format:HTML HTML
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CreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.

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