Three classes of DLJ Mortgage Acceptance Corp. mortgage pass-through certificate, series 2000-1, have been downgraded by Fitch Ratings.The downgrades were as follows: class D-B3, from BBB to BB; class D-B4, from B to CC; and class D-B5, from CC to D. Fitch also affirmed the ratings on three other classes in the deal. The rating agency attributed the downgrades to loss levels and high delinquencies relative to the applicable credit support. As of the November 2003 distribution, 11.86% of the pool is over 90 days delinquent, and cumulative losses represent 0.55% of the initial pool.
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