Moody's Investors Service has downgraded 21 classes of mortgage-backed securities from five transactions issued by RAMP in 2004. The downgrades were spurred by credit enhancement levels that may be low given the projected losses on the underlying pools, the rating agency said.
Moody's Downgrades RAMP MBS Classes
January 04, 2008, 3:00 p.m. EST 1 Min Read