Despite signs that the U.S. economy is now on a slow path to recovery, collateral performance will continue to be weak for all U.S. structured finance sectors next year, Fitch Ratings said in its 2010 outlook report. The firm expects downgrades to continue for residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and collateralized debt obligations (CDOs), though at a slower pace than during the debilitating days of the recession.
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Until next time be well.
James Gage
