Irish Residential Mortgage Bond Delinquencies Rise- Moody’s

verbatim · August 20, 2009, 12:48pm

Irish Residential Mortgage Bond Delinquencies Rise, Moody’s Says

By Fergal O’Brien
 Aug. 20 (Bloomberg) -- Delinquencies of Irish residential
mortgage-backed securities posted “another steep increase” in
the second quarter, Moody’s Investors Service said today.
The 90 day-plus delinquency trend rose to 2.3 percent in
the second quarter compared with 1 percent a year earlier, it
said in a report.

whizzbang · August 20, 2009, 1:27pm

Another straw on the donkeys back…

The_Unwelcome_Guest · August 20, 2009, 1:29pm

What about the camel?

spqr64 · August 20, 2009, 1:31pm

Hes ok, NAMA’s gonna put him through the eye of a needle and it’ll be all better.