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Arrears on mortgage-basked securities down
Old Mortgage News

Arrears on mortgage-basked securities down

Standard & Poor's Ratings Services says that the level of loans underlying New Zealand residential mortgage-backed securities (RMBS) that are in arrears by more than 30 days maintained its long-term downward trend in August, recording 1.89%.
Tue, Dec 11th 2007 09:27AM
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