1300 changes in Moody's or Standard and Poor's (S&P) ratings of U.S. asset-backed securities (ABS). We find that rating …

assets underlying many asset-backed securities (ABS), particularly U.S. mortgages. The prominence of European banks in the … early stages of the turmoil created the perception that foreigners held an outsized share of risky U.S. securities and … ABS with U.S. underlying collateral. Using the latest survey data on foreign portfolio holdings of U.S. securities, we …

debt, their provision of savings to ultimately risky subprime mortgage borrowers was necessarily indirect, pushing down … European investors into U.S. private-label asset-backed securities (ABS), including mortgage-backed securities and other … securities contributed to the decline in their spreads over Treasury yields. Through a combination of empirical estimation and …

Since 2001, foreign investors have acquired roughly $5 trillion in U.S. securities--more than doubling their holdings …. Although the rapid growth of foreign holdings of U.S. securities raises concerns that foreign investors may have become too ….S. and other foreign securities in their portfolios in recent years. Based on data from the most recent comprehensive surveys …

This paper reports monthly estimates of U.S. cross-border securities positions obtained by combining the (now) annual …

A key feature of the 2007-2008 financial crisis is that for some classes of securities trade has ceased. And where … class of security. This seems to be especially true for those securities where the payoff streams are particularly complex … (for example, CDOs). One explanation for this is that information about these securities' intrinsic values is asymmetric …