30.06.2014 21:20:00

Moody's takes action on $4 million of FHA/VA RMBS issued by SACO I Trust 1999-5

New York, June 30, 2014 -- Moody's Investors Service has downgraded the rating of Class A issued by SACO I Trust 1999-5. The collateral backing this deal 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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