Dollar Securitisation: American General Mortgage Loan Trust 2009-1

Issuer: American General Mortgage Loan Trust 2009-1
Date: Jul 30, 2009
Size: $2 billion
Ratings: Unrated
Maturity: Not disclosed
Pricing: Not disclosed

Bookrunner: Credit Suisse

Rating agencies have come in for heavy fire during the credit crisis, mostly for assigning what many market commentators now believe were inappropriately high ratings to certain securitised products.

Regulators are now imploring investors to do their own due diligence when buying securitised paper, to look beyond ratings and do