Class M10 of Structured Asset Securities Corp. residential mortgage-backed certificates, series 2006-7, has been placed on Rating Watch Negative by Fitch Ratings.In addition, Fitch affirmed the ratings on 10 classes from the SASCO transaction. The negative rating action was attributed to "signs of increasing credit risk."
Fitch Eyes SASCO MBS Class
July 31, 2007, 2:00 p.m. EDT 1 Min Read