Moody's Investors Service has placed 54 classes from 13 Conseco Finance manufactured housing securitizations under review for possible downgrade.The ratings review was prompted by "the continued performance deterioration of the pools, as reflected by the high levels of cumulative losses and repossessions and erosion of credit support," the rating agency said. Green Tree Servicing LLC is servicing the loans in the underlying transactions.
Moody's Eyes 54 Conseco MH Classes
August 30, 2004, 2:00 p.m. EDT 1 Min Read
