22.07.2014 21:07:00
|
Moody's takes action on $32 million of US Scratch and Dent RMBS issued by various issuers in 2004 to 2006
New York, July 22, 2014 -- Moody's Investors Service has downgraded the ratings of five tranches issued by two RMBS transactions. The collateral backing these deals primarily consists of first lien, fixed and adjustable rate "scratch and dent" residential mortgages.