With subprime mortgage problems continuing to grab headlines, analysts are starting to look at whether subprime woes will spill over and pose systemic risk.

At this point, there is little evidence that the poor performance in subprime has spilled into the prime sector, Lehman Brothers analysts said in a report. While delinquencies have increased, the magnitude of the increase is benign relative to subprime volume and if previous credit cycles are considered, they noted.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.