Two classes of mortgage pass-through certificates from Structured Asset Securitization Corp. 2002-22H have been downgraded by Fitch Ratings.Class B3-I was downgraded from BB to BB and placed on Rating Watch Negative, and class B4-I was downgraded from B to C/DR5. Fitch also affirmed the ratings on eight classes from the transaction. The negative rating actions reflect deterioration in the relationship between credit enhancement and expected losses, Fitch said.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry