02.10.2014 21:43:00
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Moody's takes action on $77.7 million of second lien RMBS transactions issued by various issuers between 2004 and 2005
New York, October 02, 2014 -- Moody's Investors Service has upgraded the ratings of 8 tranches issued by six RMBS transactions, and downgraded the ratings of 3 tranches in one RMBS transaction. The collateral backing these deals primarily consists of closed end second lien and home equity line of credit loans.