Fitch Takes Actions On Alt-A, Subprime RMBS

19 Jan 2012

Fitch Ratings has affirmed the ratings on 365 classes of loans in Alt-A and subprime residential mortgage-backed securities transactions and downgraded 154 classes.

Fitch Ratings has affirmed the ratings on 365 classes of loans in Alt-A and subprime residential mortgage-backed securities transactions and downgraded 154 classes. More than 80% of the downgraded classes were most recently on outlook negative, with 95% of the total reduced by one to two rating categories.

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