PPP KINGDOM

PPP KINGDOM

S&P JUST RATED A BUNDLE OF SUB-PRIME MORTGAGES HIGHER THAN THE US

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Bloomberg reports S&P is poised to provide AAA grades to 59 percent of Springleaf Mortgage Loan Trust 2011-1, a set of bonds tied to $497 million lent to homeowners with below-average credit scores and almost no equity in their properties.

S&P

http://www.businessinsider.com/sp-just-rated-a-bundle-of-subprime-mortgages-higher-than-the-us-2011-8

Best Regards,

FINANCIAL WARRIOR

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