Sixty-three classes of subprime mortgage pass-through certificates from nine issuers were downgraded by Fitch Ratings on June 6. The affected securities were as follows: 17 classes from nine Delta Funding deals; 10 classes from four Asset-Backed Securities Corp. deals; eight classes from three First Franklin Mortgage Loan Trust deals; seven classes from three CDC Mortgage Capital Trust deals; six classes from two Wilshire deals; four classes from one Ameriquest Mortgage Securities deal; four classes from two Equity One deals; four classes from two Ameriquest Mortgage Securities Inc. deals; and three classes from one CSFB deal. Fitch also affirmed the ratings on over 70 classes from 41 subprime transactions.
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