Fitch Eyes Goldman MBS Classes

Two classes from Goldman Sachs Mortgage Securities Corp. series 2002-3F have been placed on Rating Watch Negative by Fitch Ratings.The affected classes, both from group 1, are class IB-4 and class IB-5. Fitch also affirmed the ratings on 29 classes from seven Goldman Sachs issues. The Rating Watch placement was attributed to higher-than-expected delinquency levels. The collateral pool consists of fixed- and adjustable-rate mortgage loans extended to prime and alternative-A borrowers, the rating agency said.