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Distressed Inventory Index – Morningstar Credit Ratings  – Sep 25,2013

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/5/466/show_5466935.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Morningstar Credit Ratings, LLC finds that the overall distressed inventory has decreased by 21% from a year ago, while the number of liquidations declined a significant 37%. At the current pace of liquidation, it will take 41 months to clear the distressed pipeline, up from 38 months a year ago. Joining the broadcast from Morningstar Credit Ratings today to discuss the distressed inventory index is Fan Huang, SVP-RMBS, Becky Cao, Managing Director-RMBS and Brian Grow, Managing Director - RMBS
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