RT Journal Article SR Electronic T1 Default Rates on Structured Finance Securities JF The Journal of Fixed Income FD Institutional Investor Journals SP 44 OP 53 DO 10.3905/jfi.2004.439836 VO 14 IS 2 A1 Douglas J. Lucas A1 Laurie S. Goodman A1 Frank J. Fabozzi YR 2004 UL https://pm-research.com/content/14/2/44.abstract AB In this article, the authors attempt to determine historical default rates for structured finance assets: asset-backed securities, commercial mortgage-backed securities, and residential mortgage-backed securities. They focus on triple B rated residential B&C tranches that make up a great percentage of the collateral in many structured finance-backed collateralized debt obligations. They examine six recent rating agency studies and delve into their methodologies before arriving at their own estimates of historic structured finance defaults.