Five certificates from three Residential Asset Mortgage Products Inc. Trust asset-backed securitization deals have been downgraded by Moody's Investors Service.The downgrades were as follows: series 2002-RS1, class M-I-3, from Baa2 to Ba3, and class M-II-3, from Baa2 to Ba3; series 2002-RS2, class M-I-3, from Ba2 to B3, and class M-II-3, from Ba3 to B3; and series 2002-RS3, class M-II-3, from Baa2 to Ba3. Moody's attributed the downgrades to credit enhancement levels that "may be low given the current projected losses on the underlying pools." The transactions consist of a fixed-rate pool and an adjustable-rate pool made up of mortgages that are not eligible for inclusion in Residential Funding Corp.'s specific loan program securitization. The mortgage loans were originated by different sellers and are serviced by HomeComings Financial Network Inc., a wholly owned subsidiary of RFC. Moody's can be found online at http://www.moodys.com.

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