Class B-1 of GE Capital 1998-HE1 has been placed under review for possible downgrade by Moody's Investors Service.Moody's said the rating action was based on credit enhancement levels that are low in view of projected losses. The collateral underlying the transaction consists of closed-end, fixed-rate, first-lien residential mortgage loans. The rating agency can be found online at http://www.moodys.com.

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