Riskier mortgage bonds are back — but don’t call them subprime – FT.com
For “subprime”, read “non-prime”. Yield-hungry investors are ready to endorse a revival of bonds backed by riskier US residential mortgages, as lenders warm to housebuyers who do not meet strict borrowing guidelines introduced after the financial crisis. More ON THIS TOPIC VW car loan securities at risk of losses EU plan to revive ABS faces…