(Bloomberg) -- Subprime mortgage defaults will
increase this year and holders of securities linked to those
home loans may experiences losses well into 2008, JPMorgan Chase
& Co. analysts said.
``The worst is not over in the subprime mortgage market,''
analysts led by Chris Flanagan, the head of structured finance
strategy, said in a report today. ``We expect continued
deterioration in subprime loan performance through the balance
of this year, and it is likely to be well into 2008 before the
problems in securitized portfolios begin to abate.''
Read more at Bloomberg Bonds News
increase this year and holders of securities linked to those
home loans may experiences losses well into 2008, JPMorgan Chase
& Co. analysts said.
``The worst is not over in the subprime mortgage market,''
analysts led by Chris Flanagan, the head of structured finance
strategy, said in a report today. ``We expect continued
deterioration in subprime loan performance through the balance
of this year, and it is likely to be well into 2008 before the
problems in securitized portfolios begin to abate.''
Read more at Bloomberg Bonds News
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