What I love about this mortgage stuff | Jellystone Message Board Posts

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Msg  115166 of 1021481  at  6/20/2007 11:55:00 AM  by

neutrade4


 In response to msg 115147 by  
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Re: What I love about this mortgage stuff

yeah baby, AAA high yield. who doesn't want that?
 
I wonder how long it will be before we find out the formula by which these amalgams were rated. It couldn't have been based purely on underlying issues average quality, so what was the "x" factor in the equation used to raise ratings? Some "dispersion" factor, with dispersion being the thing that is supposed to mitigate risk.
 
we will be hearing a lot about this when the pieces are being picked up.


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Msg # Subject Author Recs Date Posted
115172 Re: What I love about this mortgage stuff perpetualbull 3 6/20/2007 12:02:17 PM


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