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15.06.2015 17:35:00
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Moody's: Global mortgage constant prepayment rates will remain steady
London, 15 June 2015 -- Constant prepayment rates (CPRs) will remain steady in residential mortgage-backed securities (RMBS) globally for several region-specific reasons, supporting ongoing stable collateral performance in RMBS throughout the world, says Moody's Investors Service in a new report published today. CPRs serve as a measure of voluntary prepayment activity in RMBS and hence of the degree of related prepayment risk in these transactions.
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