(Reuters) - "We are near, we think, a bottom in that sector," said
Christopher Flanagan, an analyst at J.P. Morgan Securities in
New York.
"The fundamental outlook for subprime credit remains very
bleak," Flanagan said, referring to subprime mortgages, or home
loans granted to borrowers with patchy credit histories.
Read more at Reuters.com Bonds News
Christopher Flanagan, an analyst at J.P. Morgan Securities in
New York.
"The fundamental outlook for subprime credit remains very
bleak," Flanagan said, referring to subprime mortgages, or home
loans granted to borrowers with patchy credit histories.
Read more at Reuters.com Bonds News
No comments:
Post a Comment