Four classes in two CWMBS (IndyMac) Inc. mortgage pass-through deals have been downgraded by Fitch Ratings.The downgrades were as follows: series 2000-C (RAST 2000-A3), class B4, from B to CCC, and class B5, from C to D; and series 2000-H (RAST 2000-A8), class B-3, from BB to B, and class B4, from CC to D. In addition, Fitch affirmed its ratings on seven other classes in the two deals. The rating agency said the downgrades stemmed from loss levels and high delinquencies relative to the applicable credit support. Fitch can be found online at http://www.fitchratings.com.
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