Fremont MBS Classes Under Review

Four certificates from Fremont Home Loan Trust series 2006-B have been placed on review for possible downgrade by Moody's Investors Service.The affected securities are classes SL-M7, SL-M8, SL-M9, and SL-B1. The negative rating actions were attributed to the fact that the bonds' credit enhancement levels, including excess spread, may be too low in view of projected losses. The transaction is backed by second-lien loans.