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U.S. MBS Outperform Overseas Peers.(Brief Article)

Mortgage Servicing News

| November 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Outside of the troubled manufactured housing sector, the credit performance of mortgage-related securities in the United States has been relatively good compared to corporate credit performance both within this country and globally, the collective results of separate studies by the three major rating agencies here suggest.

Although global corporate credit generally has been improving, downgrades have still been outpacing upgrades, according to studies by Moody's Investors Service and Standard & Poor's.

"All regions - barring Europe - showed a relative improvement in corporate creditworthiness in the ...

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Source: HighBeam Research, U.S. MBS Outperform Overseas Peers.(Brief Article)

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