| Title: | Weekly U.S. RMBS Rating Action Recap For 2005 – 3Q 2007 Vintages: April 28 – May 2, 2008 |
| Price: | $100.00 |
| Publication Date: | May 09, 2008 |
| Report Type: | News |
| Abstract: | NEW YORK (Standard&Poor's) May 9, 2008--During the week of April 28 – May 2, 2008, Standard&Poor's Ratings Services downgraded, for the first time, a significant number of bonds backed by prime jumbo residential mortgage collateral from transactions issued between 2005 and third-quarter 2007. The specifics of these rating actions are reported later in this report, and we will continue to include rating actions on recent vintage prime RMBS collateral as such actions occur. We downgraded 31 classes from 2005 vintage, and 272 classes from 2007 vintage transactions backed by U.S. subprime mortgage collateral. In addition, we downgraded 2,163 classes from 2006 vintage transactions backed by U.S. Alternative-A (Alt-A) mortgage collateral. Concurrently, we lowered our ratings on |
| Brief Excerpt: | RESEARCH Ratings Definitions Weekly U.S. RMBS Rating Action Recap For #### aÇô #Q #### Vintages: April ## aÇô May #, #### Publication date: ##-May-#### Primary Credit Analysts: Ernestine Warner, New York (#) ###-###-####; ernestine_warner@standardandpoo... |
| Word Count: | 2263 |
| Sector: | Structured Finance, Servicer Evaluations, Asset-Backed Securities, Collateralized Debt Obligations, Real Estate Companies, Asset-Backed Commercial Paper, Commercial MBS, Residential MBS |
| Format: | 
HTML
|
| Free Sample: |
Click
Here
to Download
|
Looking For Something Else?
