Two classes in Soundview Home Equity Loan Trust series 2001-1 have been downgraded by Fitch Ratings.Class M-1 was downgraded from AA to AA-minus, and class M-2 was downgraded from B to BBB-minus. Fitch also affirmed the ratings on one other class in the transaction. The downgrades were attributed to higher-than-expected losses that have caused a reduction of the overcollateralization and principal writedowns to the supporting class B. Fitch can be found on the Web at http://www.fitchratings.com.
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