Four classes of Structured Asset Securities Corp. Amortizing Residential Collateral Trust, series 2002-BC7, have been downgraded by Fitch Ratings.The downgrades were as follows: class M6, from A-minus to BBB-plus; class B1, from BBB-plus to BB-plus; class B2, from BBB to BB; and class B3, from BBB-minus to BB. Fitch also placed the ratings of classes M2 and M3 of SASCO series 2002-BC10 on Rating Watch Negative. In addition, Fitch affirmed the ratings on six SASCO classes. The negative rating actions were attributed to higher-than-expected delinquencies and losses. Fitch can be found on the Web at http://www.fitchratings.com.
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