Twenty-five subordinate certificates from 12 subprime home equity loan transactions issued by Structured Asset Securities Corp.'s Amortizing Residential Collateral Trusts have been placed under review for possible downgrade by Moody's Investors Service.The affected classes are as follows: series 2001-BC1, class M1 and class M2; series 2001-BC6, class M2; series 2002-BC1, class M2 and class B; series 2002-BC2, class M1, class M2, and class B; series 2002-BC3, class M2 and class B; series 2002-BC4, class M3 and class B1; series 2002-BC5, class M3; series 2002-BC6, class M3 and class B; series 2002-BC7, class B1, class B2, and class B3; series 2002-BC8, class M3, class M4, and class B; series 2002-BC9, class M3, class M4, and class B; and series 2002-BC10, class M3. The rating actions were based on the weaker-than-expected performance of the mortgage pools and the resulting erosion of credit support, Moody's said. The rating agency can be found online at http://www.moodys.com.
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