Pic© L.Miguel Bugallo Sanchez
While the picture is not yet clear in terms of the total damage inflicted by Hurricane Harvey, it looks set to impact several sectors across securitisation. RMBS and CMBS appear likely to be most affected, along with credit risk transfer transactions and potentially auto ABS.
CMBS 2.0 transactions are set to be most affected, with Morgan Stanley estimating that 241 deals are exposed to damage inflicted by Hurricane Harvey.
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