Class B5 of Harborview Mortgage Loan Trust Inc. series 2006-6 has been placed on Rating Watch Negative by Fitch Ratings.In addition, Fitch affirmed the ratings on five other classes in the transaction. The rating agency attributed the watchlist placement to "increasing credit risk, posing a potential threat to subordinate bonds." The deal is backed by hybrid and adjustable-rate mortgage loans secured by residential first liens. Fitch can be found online at http://www.fitchratings.com.
Fitch Eyes Harborview MBS Class
April 20, 2007, 2:00 p.m. EDT 1 Min Read
