07.11.2016 19:54:00
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Moody's: RMBS backed by loans to foreign nationals present unique risks
New York, November 07, 2016 -- Mortgage loans made to foreign nationals in the US present some unique risks, Moody's Investors Service says in a new report. Although currently small, if exposure to such loans in residential mortgage-backed securities (RMBS) grows as the market expands, lenders will need to adequately mitigate against the uncertainties associated with this lending.