Class B-4 of CSFB Home Equity Asset Trust series 2006-4 has been placed on Rating Watch Negative by Fitch Ratings.In addition, Fitch upgraded one class and affirmed the ratings on 22 classes in four Credit Suisse First Boston mortgage-backed securitizations. The negative rating action was attributed to "early negative trends in the relationship between serious delinquency and credit enhancement." The rating agency can be found online at http://www.fitchratings.com.
Fitch Puts CSFB MBS Class on Watch
May 31, 2007, 2:00 p.m. EDT 1 Min Read
