Moody’s Downgrades Bear Stearns RMBS

Moody’s Investors Service has lowered the ratings on most of $3.1 billion of first-lien, fixed- and adjustable-rate residential mortgage-backed securities.

  • 21 Oct 2010

Moody’s Investors Service has lowered the ratings on most of $3.1 billion of first-lien, fixed- and adjustable-rate residential mortgage-backed securities. Moody’s downgraded 73 tranches from 13 RMBS transactions made by Bear Stearns in 2006 and 2007.

Click here to read the story from The Wall Street Journal.

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