Moody’s takes action on $389 Million of Subprime RMBS issued by Various trusts

Moody’s Investors Service (Moody’s) has upgraded the ratings on 8 tranches, confirmed the ratings on 5 tranches, affirmed the ratings on 31 tranches, and downgraded the rating on 1 tranche from 6 transactions issued by various trusts. The collateral backing the transaction are subprime…

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Moody’s takes action on $389 Million of Subprime RMBS issued by Various trusts