More From Asset Securitization Report
SF CDOs see alarmingly high levels of ratings migration
At least three structured finance CDOs are seeing credit migration to a degree that is making several investors nervous, since these deals are highly leveraged, according to buyside and rating agency sources. Diversified Asset Securitization Holdings I (DASH I), known as the first visible SF CDO issued in 1999, has seen $6.5 million in defaulted […]