2009-08-04housingwire.com

"Default rates among Portuguese residential mortgage-backed securities (RMBS) increased to 1% in Q209, from 0.5% just one year earlier. The weighted-average 60-plus-day delinquency rate was up to 2.1%, from 1.9% in Q109, according to an index report by Moody’s Investors Service. At the same time, prepayment rates declined to 4.6%."



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