Eight classes of subprime residential mortgage pass-through certificates from four transactions issued by Residential Asset Securities Corp. have been downgraded by Fitch Ratings.The downgraded classes, which had outstanding balances totaling $68.5 million, were among the subprime residential mortgage-backed securities placed Under Analysis by Fitch on July 12. Fitch also affirmed the ratings on 33 classes from the RASC transactions. Fitch reported that as of the end of the day on Aug. 7, it had downgraded 499 classes (with an outstanding balance of $9 billion) from subprime RMBS deals placed Under Analysis on July 12, and affirmed the ratings on 896 classes with an outstanding balance of $76 billion. Fitch can be found online at http://www.fitchratings.com.

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