Market participants are drumming their fingers and waiting for guidance on if - or how much - negative performance in the subprime mortgage sector will affect CDO performance.

For structured finance CDOs, trying to place an overarching estimate on that burning question is no easy task, if not impossible. After all, such an analysis requires not only two sets of structural attributes - of both the CDO and underlying RMBS collateral - but also loan-level analysis, such as FICO score, geographic location and documentation.

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.