Amresco Inc., Dallas, has announced that it does not expect to make writedowns in the value of its retained interests from securitizations in the foreseeable future.Citing its "conservative" valuation and accounting practices, Amresco "reiterated its confidence" in the value of its retained interests despite increased prepayments in its securitized residential pools in the second quarter. A similar pre-earnings statement on prepayments has been issued by Southern Pacific Funding Corp., Oswego, Ore.
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