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S&P Corrects CWHEQ Revolving Home Equity Loan Trust Series 2006-F Class 3-A Rating By Lowering It To 'AA+ (sf)' Aug 11

Standard & Poors, August 2011

Abstract
OVERVIEW We corrected our rating on class 3-A from CWHEQ Revolving Home Equity Loan Trust Series 2006-F by lowering it to 'AA+ (sf)'. Class 3-A receives its cash flow from class 2-A-1B from the same transaction, which is insured by Assured Guaranty Municipal Corp. The transaction converts cash flow from class 2-A-1B to Euros via a swap and distributes it to class 3-A. The rating on class 3-A is dependent on the long-term rating on class 2-A-1B. NEW YORK (Standard & Poor's) Aug. 24, 2011--Standard & Poor's Ratings Services today corrected its rating on class 3-A from CWHEQ Revolving Home Equity Loan Trust Series 2006-F (CWHEQ 2006-F) by lowering it to 'AA+ (sf)' from 'AAA (sf)'. Class 3-A receives its...

Companies mentioned in this report are: CWHEQ Revolving Home Equity Loan Trust, Series 2006-F
Action: Downgraded

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

CWHEQ Revolving Home Equity Loan Trust, Series 2006-F

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