12.06.2014 19:48:00
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Moody's takes action on $33 million of US Scratch and Dent RMBS issued by various issuers in 1996 to 2007
New York, June 12, 2014 -- Moody's Investors Service has placed the ratings of five tranches on review for possible downgrade and upgraded the ratings of three 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.