Three classes of Diversified Asset Securitization Holdings I LP have been downgraded by Fitch Ratings.The downgrades were as follows: classes A-1 and A-2, from AAA to AA-plus; and class B, from B to C. Fitch said DASH I is a collateralized debt obligation that was originated and managed by Asset Allocation & Management LLC. The portfolio backing the CDO consists of residential and commercial mortgage-backed securities and commercial and consumer asset-backed securities. Fitch said its review of the credit quality of the collateral and a cash-flow analysis indicated that the original ratings on the downgraded classes no longer reflect the current risk to noteholders. Fitch can be found online at http://www.fitchratings.com.
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