Additional $5 Bln of Alt-A RMBS Downgraded

08 Jun 2010

Moody’s Investors Service has downgraded another $5 billion in Alt-A residential mortgage-backed securities.

Moody’s Investors Service has downgraded another $5 billion in Alt-A residential mortgage-backed securities. The latest round included 114 tranches from 11 RMBS transactions issued by Residential Funding with a total of 63 tranches from eight deals issued by Bear Stearns.

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