S&P Corrects: 1,196 Ratings On 129 U.S. RMBS Re-REMIC Transactions Placed On CreditWatch Negative - S&P Credit Research

S&P Corrects: 1,196 Ratings On 129 U.S. RMBS Re-REMIC Transactions Placed On CreditWatch Negative

1276 words — Published Dec 15, 2010
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Abstract:

OVERVIEW We placed 1,196 ratings on 129 U.S. RMBS re-REMIC transactions on CreditWatch with negative implications. The CreditWatch actions reflect our revised analysis of the expected interest payments, including consideration of the impact of pro rata allocation of interest among the senior and subordinate classes that use this payment priority. Previously, due to an error, we did not take these factors into consideration when assigning ratings to the affected classes. NEW YORK (Standard&Poor's) Dec. 15, 2010--Standard&Poor's Ratings Services today placed its ratings on 1,196 classes from 129 U.S. residential mortgage-backed securities resecuritized real estate mortgage investment conduit (RMBS re-REMIC) transactions issued in 2002-2010 on CreditWatch with negative implications. The complete rating list is available in "U.S.

  
Brief Excerpt:

RESEARCH Ratings Definitions PDF S&P Corrects: 1,196 Ratings On 129 U.S. RMBS Re-REMIC Transactions Placed On CreditWatch Negative Publication date: 15-Dec-2010 Primary Credit Analysts: Jeremy Schneider, New York (1) 212-438-5230;...

  
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MLA:
S&P Credit Research. "S&P Corrects: 1,196 Ratings On 129 U.S. RMBS Re-REMIC Transactions Placed On CreditWatch Negative" Dec 15, 2010. Alacra Store. Oct 25, 2014. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-1-196-Ratings-On-129-U-S-RMBS-Re-REMIC-Transactions-Placed-On-CreditWatch-Negative-838052>
  
APA:
S&P Credit Research. (). S&P Corrects: 1,196 Ratings On 129 U.S. RMBS Re-REMIC Transactions Placed On CreditWatch Negative Dec 15, 2010. New York, NY: Alacra Store. Retrieved Oct 25, 2014 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-1-196-Ratings-On-129-U-S-RMBS-Re-REMIC-Transactions-Placed-On-CreditWatch-Negative-838052>
  
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