Chile RMBS Immune to US Subprime, Says Fitch

Sep 12, 2007

Fitch has affirmed 15 low income RMBS transactions within the Chilean market, in light of the recent turmoil in US subprime. "Current performance in the portfolios remains stable and there seems to be no apparent exposure to the current US subprime crisis," says the agency. It classifies the...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management