14.08.2014 23:01:00

Moody's takes action on $220.6 million of US Scratch and Dent RMBS issued by various issuers from 2003 to 2007

New York, August 14, 2014 -- Moody's Investors Service has upgraded the ratings of eight tranches, downgraded the ratings of two tranches, and reinstated the rating of one tranche issued by five RMBS transactions. The collateral backing these deals primarily consists of first lien, fixed and adjustable rate "scratch and dent" residential mortgages.

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