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I (2009)

handle is hein.cbhear/fdsysakef0001 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
      GP


                                          S. HRG. 110-913

 SUBPRIME MORTGAGE MARKET TURMOIL:

EXAMINING THE ROLE OF SECURITIZATION


                     HEARING
                        BEFORE THE

                  SUBCOMMITTEE ON

  SECURITIES AND INSURANCE AND INVESTMENT

                          OF THE

                  COMMITTEE ON

BANKING, HOUSING, AND URBAN AFFAIRS

           UNITED STATES SENATE

           ONE   HUNDRED TENTH CONGRESS

                       FIRST SESSION

ON HOW  SUBPRIME MORTGAGES  ARE SECURITIZED; THE EFFECT OF
RECENT   INCREASES IN DEFAULTS  AND DELINQUENCIES  ON THE
SUBPRIME  SECURITIZATION MARKET FOR BOTH BORROWERS AND IN-
VESTORS;  AND HOW  CREDIT RISK FOR MORTGAGE-BACKED SECURI-
TIES  IS DETERMINED AND HOW  THE ASSIGNED RATINGS ARE MON-
ITORED





                   TUESDAY, APRIL 17, 2007


 Printed for the use of the Committee on Banking, Housing, and Urban Affairs






    Available at: http://www.access.gpo.gov/congress/senate/senate05sh.html



                 U.S. GOVERNMENT PRINTING OFFICE


50-315


WASHINGTON : 2009


  For sale by the Superintendent of Documents, U.S. Government Printing Office
Internet: bookstore.gpo.gov Phone: toll free (866) 512-1800; DC area (202) 512-1800
    Fax: (202) 512-2104 Mail: Stop IDCC, Washington, DC 20402-0001

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