- Language: English
- Published: November 2011
- Region: United States
Nine U.S. RMBS Ratings Put On Watch Negative Due To Interest Shortfalls; Two Other Ratings Remain On Watch Neg Dec 11
- Published: December 2011
- Region: United States
- Standard & Poors
OVERVIEW We reviewed certain classes from seven U.S. RMBS transactions backed by various collateral types. We placed our ratings on nine classes from six of these transactions on CreditWatch negative. In addition, our ratings on two classes from one of the affected transactions and one additional transaction remain on CreditWatch negative. These CreditWatch placements reflect our view of the current interest shortfalls we observed on these classes. NEW YORK (Standard & Poor's) Dec. 28, 2011--Standard & Poor's Ratings Services today placed its ratings on nine classes from six U.S. residential mortgage-backed securities (RMBS) transactions on CreditWatch with negative implications. In addition, our ratings on two classes from one of these transactions and one other transaction remain on CreditWatch negative (see...
Companies mentioned in this report are: CHL Mortgage Pass-Through Trust 2004-7,Structured Asset Securities Corp.,Renaissance Home Equity Loan Trust 2002-3,MASTR Adjustable Rate Mortgages Trust 2004-14,RBSGC Mortgage Loan Trust,Citigroup Mortgage Loan Trust 2010-7,CSMC Series 2010-9R
Action: On CreditWatch:Negative
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Research type: News
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CHL Mortgage Pass-Through Trust 2004-7,Structured Asset Securities Corp.,Renaissance Home Equity Loan Trust 2002-3,MASTR Adjustable Rate Mortgages Trust 2004-14,RBSGC Mortgage Loan Trust,Citigroup Mortgage Loan Trust 2010-7,CSMC Series 2010-9R