|
|
 |
|
Viewing report
|
|
|
|
368 Ratings On 257 U.S. RMBS Deals Lowered To 'D (sf)' Dec 11
Standard & Poors, Dec 2011
Abstract
OVERVIEW We lowered our ratings on 368 classes from 257 U.S. RMBS transactions issued between 2002 and 2009 to 'D (sf)' and removed one of them from CreditWatch with negative implications. The downgrades reflect our assessment of the impact that principal write-downs had on the affected classes during recent remittance periods. NEW YORK (Standard & Poor's) Dec. 27, 2011--Standard & Poor's Ratings Services today lowered its ratings on 368 classes of mortgage pass-through certificates from 257 U.S. residential mortgage-backed securities (RMBS) transactions to 'D (sf)', and removed one of them from CreditWatch with negative implications. The transactions within this review were issued between 2002 and 2009. The complete rating list is available in 'U.S. RMBS Classes Affected By The Dec....
Companies mentioned in this report are: 2006-CB4 Trust
Action: Downgraded
Action: Removed From CreditWatch
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.
|
|
|
|
