Fitch also downgraded four classes from First Franklin Mortgage Loan Trust series 2005-FFH2 as a result of changes in the rating agency's subprime loss forecasting assumptions.The downgrades were as follows: class M-8, from BBB to BBB-minus; class M-9, from BBB-minus to BB-plus; class B-1, from BB-plus to B; and class B-2, from BB to C/DR5. Fitch also affirmed the ratings on eight other classes in the deal. The revised assumptions in Fitch's subprime loss model "better capture the deteriorating performance of pools from 2006 and late 2005 with regard to continued poor loan performance and home price weakness," the rating agency said.
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