Fitch Eyes Saxon MBS Class

Class BF-1 of Saxon Asset Securities Trust series 2000-3, group 1, has been placed on Rating Watch Negative by Fitch Ratings.Fitch also affirmed the ratings on four other classes in the deal and three in series 2000-3, group 2. The action on class BF-1 was attributed to loss levels and high delinquencies in relation to the applicable credit support.

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