Monoline Termination Agreements to Rise in CDO Market

August 18, 2008

With the monoline industry continuing to struggle for survival, albeit with a weak pulse, and the ABS CDO sector almost flatlining, CDO hedge agreements with the monoline industry have been a cause for concern within the structured finance market. But recent decisions allowing the monolines to deliver up-front payments on CDOs are receiving industrywide praise, and it is believed more of these agreements are in the works.

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