TITLE

Pimco to Conduct Price-Drop Analysis

PUB. DATE
November 2009
SOURCE
American Banker;11/30/2009, Vol. 174 Issue 213, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a 2009 announcement from Pacific Investment Management Co. In the announcement the firm, which was hired by U.S. federal regulators to monitor insurers' mortgage bond portfolios, indicated that it will conduct a price-drop analysis to analyze the effect of home price declines of as much as 61% which have been seen in the U.S.
ACCESSION #
45512495

 

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