02.03.2016 21:42:00
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Moody's downgrades $205.8M of FHA/VA RMBS issued from Structured Asset Securities Corporation
New York, March 02, 2016 -- Moody's Investors Service has downgraded the ratings of twelve tranches issued from five transactions. The collateral backing these deals consists of first-lien fixed and adjustable rate mortgage loans insured by the Federal Housing Administration (FHA), an agency of the U.S. Department of Urban Development (HUD) or guaranteed by the Veterans Administration (VA).