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Moody’s Warns More RMBS Downgrades Likely; Says Poor Performance ‘Continues’ 

Sep 19, 2007By

Moody’s Investors Service said today that it is likely to issue further downgrades to subprime RMBS transactions in the 2006 vintage, noting that the rating agency is continuing to see poor performance from underlying collateral that “will lead to downward ratings pressure on a number of US subprime and Alt-A tranches.” From the press release:

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