Fitch Eyes RAMP ABS Class

Class B of Residential Asset Mortgage Products Inc. home equity mortgage asset-backed pass-through certificates, series 2001-RZ2 groups I and II, has been placed on Rating Watch Negative by Fitch Ratings.In addition, the ratings on four other classes in the deal were affirmed and one class was upgraded. The Rating Watch action was attributed to a decline in overcollateralization, which represents the sole credit enhancement for the class. Fitch said the overcollateralization will start to be replenished after the class A-IO certificate matures in November and interest starts rebuilding the O/C.