Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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From: ldo79	3/3/2008 6:41:09 PM
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These look like HELOCs........... Fitch Downgrades $114.5MM From 1 Morgan Stanley 2007 Subprime 1st Lien Transaction March 03, 2008 06:30 PM Eastern Time NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following rating actions on Morgan Stanley mortgage pass-through certificates. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are removed from Rating Watch Negative. Downgrades total $114.5 million. Additionally, $823.7 million remains on Rating Watch Negative. Break Loss percentages (BL) and Loss Coverage Ratios (LCR) for each class are included with the rating actions as follows: tinyurl.com

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