Four mezzanine and subordinate certificates of the Madison Avenue Manufactured Housing Contract Trust 2002-A securitization have been downgraded by Moody's Investors Service.The downgrades were as follows: class M-1, from Aa2 to Baa3; class M-2, from A2 to Caa1; class B-1, from Baa2 to C; and class B-2, from Ba2 to C. The senior certificates are not affected because the ratings are based on an insurance policy issued by Ambac Assurance Corp., Moody's said. The rating agency attributed the downgrades to weaker-than-expected performance by the manufactured housing loans that make up the collateral pool and the resulting erosion in credit support. The loans were originated and are being serviced by GreenPoint Credit LLC. The rating agency can be found online at http://www.moodys.com.

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