SASCO MBS Classes Downgraded

Three classes of Structured Asset Securities Corp. series 2003-AL1 mortgage pass-through certificates have been downgraded by Fitch Ratings.The downgrades were as follows: class B3, from BBB to BBB-minus; class B4, from BB to B (and placed on Rating Watch Negative); and class B5, from B to B-minus/DR1 (and removed from Rating Watch Negative). Fitch said the negative rating actions were based on deterioration in the relationship between credit enhancement and expected losses.