Moody's Eyes RAMP MBS Tranches

Thirty-seven tranches from six mortgage-backed securities deals issued by RAMP in 2005 and 2006 have been placed under review for possible downgrade by Moody's Investors Service. The actions were attributed to projected reductions in available credit enhancement. The collateral consists primarily of first-lien residential mortgage loans with high loan-to-value ratios. Moody's can be found on the Web at http://www.moodys.com.

For reprint and licensing requests for this article, click here.
Servicing
MORE FROM NATIONAL MORTGAGE NEWS