22.02.2016 19:19:00

Moody's downgrades $127.8 million of FHA/VA RMBS issued from 1999 to 2005

New York, February 22, 2016 -- Moody's Investors Service has downgraded the ratings of 14 tranches issued from three transactions. The collateral backing these deals consists of first-lien fixed and adjustable rate mortgage loans insured by the Federal Housing Administration (FHA), an agency of the U.S. Department of Urban Development (HUD) or guaranteed by the Veterans Administration (VA).

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