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10.04.2014 22:13:00
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Moody's takes actions on $440 million of HELOC RMBS from two Terwin transactions, issued in 2006 and 2007
New York, April 10, 2014 -- Moody's Investors Service has downgraded the long-term ratings of four tranches from two Terwin transactions due to the cancellation of the monoline insurance policies. The collateral backing these transactions consists of home equity lines of credit loans.
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