Six tranches from three deals issued by HarborView Mortgage Loan Trust in 2006 and late 2005 have been downgraded by Moody's Investors Service, and two tranches have been placed under review for possible downgrade.The downgrades were as follows: series 2005-14, class B-4, from Ba2 to Ba3; series 2006-11, class B-4, from A1 to A2, class B-5, from A3 to Baa1, and class B-6, from Baa2 to Ba1; and series 2006-3, class B-2, from A2 to Baa3, and class B-3, from Baa2 to B3. Class B-3 of series 2006-11 and class B-1 of series 2006-3 were placed on review for possible downgrade. The negative rating actions were based on higher-than-expected rates of delinquency, foreclosure, and real estate owned in the underlying collateral relative to credit enhancement levels, Moody's said. The collateral consists primarily of first-lien, fixed- and adjustable-rate alternative-A mortgage loans.

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