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More frequent natural disasters heighten risk; insurance and servicers' actions mitigate losses
May 14th 2019 (6.58mins)
Frank Wissman, Max Sauray
In this installment of our series, US RMBS Vice President-Senior Analyst Frank Wissman and Assistant Vice President-Analyst Max Sauray explain the risks of more frequent natural disasters on residential mortgage-backed securitizations.
More frequent natural disasters heighten risk; insurance and servicers' actions mitigate losses
The increasing frequency of natural disasters heightens risks for RMBS collateral performance, though insurance and servicers' disaster management helps shield deals.
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