Report title: 956 Ratings Lowered On 93 U.S. Prime RMBS Transactions; 246 Ratings From 40 Deals Affirmed
from S&P Credit Research
published Jun 22, 2009

Price $100.00 available for immediate download
Report Overview
 
About S&P Credit Research

OVERVIEW -- We reviewed 101 RMBS transactions backed by U.S. prime jumbo mortgage loan collateral issued in 2005, 2006, and 2007. -- We downgraded 956 classes from 93 of these transactions and affirmed our ratings on 246 classes from 40 transactions. -- The downgrades reflect our belief that credit enhancement for the affected classes will be insufficient to cover projected losses due to increased delinquencies and the current condition of the housing market. NEW YORK (Standard&Poor's) June 22, 2009--Standard&Poor's Ratings Services today lowered its ratings on 956 classes from 93 residential mortgage-backed securities (RMBS) transactions backed by U.S. prime jumbo mortgage loan collateral issued in 2005, 2006, and 2007. We removed 664 of the lowered ratings

Report Type: Ratings Action
Issuer: Banc of America Funding 2005-1 Trust
Sector: Structured Finance
Country: United States
Region: United States
Free Sample: Click Here to Download
Format:
HTML HTML

Also from S&P Credit Research

Price: $100.00



  Can't Decide?

Purchasing premium research sight unseen can be intimidating. At Alacra we want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.