09.05.2014 22:40:00
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Moody's takes action on $371 Million of Alt-A RMBS issued by Homestar and Opteum from 2004 to 2005
New York, May 09, 2014 -- Moody's Investors Service has downgraded the ratings of five tranches and upgraded the ratings of 22 tranches in nine RMBS transactions issued by Homestar Mortgage Acceptance Corp. and Opteum Mortgage Acceptance Corporation. The tranches are backed by Alt-A RMBS loans issued in 2004 and 2005.