You are here
New crop of subprime bonds under scrutiny
THE US housing crisis laid bare an epidemic of fraud and sloppy paperwork on loans made to homebuyers with spotty credit. For those who bought bonds backed by the mortgages, it fuelled at least US$250 billion of losses.
Six years later, investors are snapping up a new crop
- CALL +65 6388 3838
- EMAIL firstname.lastname@example.org