Housing Tranches Sell

Cohen, Jackie
January 2006
Bond Buyer;1/13/2006, Vol. 355 Issue 32298, p31
Trade Publication
The article reports on the move of UBS Financial Services Inc. to price mortgage-backed securities for the Washington State Housing Finance Commission. The issuance are divided into two tranches. Both the notes and the bonds are subject to alternative minimum tax. Moreover, Moody's Investors Service Inc. has already rated the bonds.


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