DBRS Downgrades 164 Classes from 29 RMBS Transactions
DBRS has today downgraded 164 classes from 29 residential mortgage-backed securities (RMBS) transactions.
The following classes, backed primarily by first-lien collateral, have been downgraded as a result of the significant increase in serious delinquencies relative to the available credit enhancement. Given the level of serious delinquencies in the current pipeline and corresponding potential for significant future losses, excess spread is not expected to be sufficient to cover anticipated losses. Consequently, the principal balance of subordinate classes may suffer principal write-downs.
--$12,220,000, Accredited Mortgage Loan Trust 2006-1, Asset-Backed Notes, Series 2006-1, Class M-6 to BBB (high) from A (low)
--$11,110,000, Accredited Mortgage Loan Trust 2006-1, Asset-Backed Notes, Series 2006-1, Class M-7 to BBB (low) from BBB (high)
--$10,005,000, Accredited Mortgage Loan Trust 2006-1, Asset-Backed Notes, Series 2006-1, Class M-8 to BB (high) from BBB
--$10,000,000, Accredited Mortgage Loan Trust 2006-1, Asset-Backed Notes, Series 2006-1, Class M-9 to BB from BBB (low)
--$30,003,000, ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-2 to AA from AA (high)
--$18,889,000, ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-3 to”A”from AA (low)
--$16,661,000, ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-4 to A (low) from A (high)
--$14,445,000, ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-5 to BBB from “A”
--$13,338,000, ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-6 to BBB (low) from BBB (high)
--$12,226,000, ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-7 to BB (high) from BBB
--$11,114,000, ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-8 to BB from BBB
--$11,114,000, ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2, Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-9 to BB (low) from BBB (low)
--$33,316,573, CWABS Asset-Backed Certificates Trust 2004-12, Asset-Backed Certificates, Series 2004-12, Class MV-6 to BBB from A
--$10,057,072, CWABS Asset-Backed Certificates Trust 2004-12, Asset-Backed Certificates, Series 2004-12, Class MV-7 to BBB (low) from A (low)
--$9,006,490, CWABS Asset-Backed Certificates Trust 2004-12, Asset-Backed Certificates, Series 2004-12, Class MV-8 to BB (high) from BBB
--$7,555,909, CWABS Asset-Backed Certificates Trust 2004-12, Asset-Backed Certificates, Series 2004-12, Class BV to BB from BB (high)
--$12,222,000, CWABS Asset-Backed Certificates Trust 2004-AB2, Asset-Backed Certificates, Series 2004-AB2, Class M-4 to”A”from AA (low)
--$12,222,000, CWABS Asset-Backed Certificates Trust 2004-AB2, Asset-Backed Certificates, Series 2004-AB2, Class M-5 to BBB from A
--$12,222,000, CWABS Asset-Backed Certificates Trust 2004-AB2, Asset-Backed Certificates, Series 2004-AB2, Class M-6 to BB (high) from BBB (high)
--$16,665,900, CWABS Asset-Backed Certificates Trust 2004-AB2, Asset-Backed Certificates, Series 2004-AB2, Class B to B (high) from BB (low)
--$8,226,000, First Franklin Mortgage Loan Trust, Series 2005-FFH2, Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M5 to A (low) from “A”
--$8,226,000, First Franklin Mortgage Loan Trust, Series 2005-FFH2, Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M6 to BBB from A (low)
--$7,001,000, First Franklin Mortgage Loan Trust, Series 2005-FFH2, Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M7 to BB (low) from BBB
--$6,551,000, First Franklin Mortgage Loan Trust, Series 2005-FFH2, Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M8 to B (high) from BBB (low)
--$2,775,000, First Franklin Mortgage Loan Trust, Series 2005-FFH2, Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M9 to B from BB (high)
--$4,550,000, First Franklin Mortgage Loan Trust, Series 2005-FFH2, Mortgage Pass-Through Certificates, Series 2005-FFH2, Class B1 to B (low) from BB (low)
--$5,002,980, First Franklin Mortgage Loan Trust, Series 2005-FFH2, Mortgage Pass-Through Certificates, Series 2005-FFH2, Class B2 to C from B
--$18,863,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class M4 to A (high) from AA
--$18,811,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class M5 to A (low) from AA (low)
--$15,552,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class M6 to BBB from “A”
--$15,552,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class M7 to BBB (low) from A (low)
--$11,190,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class M8 to BB (high) from BBB (high)
--$11,190,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class M9 to BB from BBB
--$10,035,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class B1 to BB (low) from BBB (low)
--$10,035,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class B2 to B (high) from BB (high)
--$7,224,000, Fremont Home Loan Trust 2005-D, Mortgage-Backed Certificates, Series 2005-D, Class B3 to B (high) from BB
--$32,237,000, Fremont Home Loan Trust 2006-C, Mortgage-Backed Certificates, Series 2006-C, Class M3 to BBB (high) from “A”
--$31,147,000, Fremont Home Loan Trust 2006-C, Mortgage-Backed Certificates, Series 2006-C, Class M4 to BBB from A (low)
--$28,877,000, Fremont Home Loan Trust 2006-C, Mortgage-Backed Certificates, Series 2006-C, Class M5 to BBB (low) from BBB (high)
--$26,697,000, Fremont Home Loan Trust 2006-C, Mortgage-Backed Certificates, Series 2006-C, Class M6 to BB (high) from BBB
--$25,518,000, Fremont Home Loan Trust 2006-C, Mortgage-Backed Certificates, Series 2006-C, Class M7 to BB from BBB (low)
--$15,528,000, Fremont Home Loan Trust 2006-C, Mortgage-Backed Certificates, Series 2006-C, Class M8 to BB (low) from BB
--$71,174,000, Fremont Home Loan Trust 2006-D, Mortgage-Backed Certificates, Series 2006-D, Class M2 to A (high) from AA
--$26,630,000, Fremont Home Loan Trust 2006-D, Mortgage-Backed Certificates, Series 2006-D, Class M3 to A (low) from AA (low)
--$30,029,000, Fremont Home Loan Trust 2006-D, Mortgage-Backed Certificates, Series 2006-D, Class M4 to BBB (high) from “A”
--$27,710,000, Fremont Home Loan Trust 2006-D, Mortgage-Backed Certificates, Series 2006-D, Class M5 to BBB from A (low)
--$19,913,000, Fremont Home Loan Trust 2006-D, Mortgage-Backed Certificates, Series 2006-D, Class M6 to BBB (low) from BBB (high)
--$17,753,000, Fremont Home Loan Trust 2006-D, Mortgage-Backed Certificates, Series 2006-D, Class M7 to BB (high) from BBB (low)
--$19,937,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-1 to AA from AA (high)
--$19,994,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-2 to A (low) from AA
--$13,395,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-3 to BBB (high) from A (high)
--$10,082,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-4 to BBB (low) from “A”
--$10,025,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-5 to BB (high) from A (low)
--$9,111,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-6 to BB from BBB (high)
--$9,997,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-7 to BB (low) from BBB
--$7,669,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-8 to B (high) from BBB (low)
--$6,883,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-9 to B (high) from BB
--$6,555,000, Meritage Mortgage Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class B-1 to B from B (high)
--$17,731,812, New Century Home Equity Loan Trust 2004-3, Asset-Backed Notes, Series 2004-3, Class M-6 to BBB from BBB (high)
--$4,006,112, New Century Home Equity Loan Trust 2004-3, Asset-Backed Notes, Series 2004-3, Class M-7 to BBB (low) from BBB
--$6,441,250, New Century Home Equity Loan Trust 2004-3, Asset-Backed Notes, Series 2004-3, Class M-8 to BB (high) from BBB (low)
--$6,441,250, New Century Home Equity Loan Trust 2004-3, Asset-Backed Notes, Series 2004-3, Class M-9 to BB from BB (high)
--$27,785,665, New Century Home Equity Loan Trust 2004-4, Asset-Backed Notes, Series 2004-4, Class M-5 to A (low) from “A”
--$10,080,011, New Century Home Equity Loan Trust 2004-4, Asset-Backed Notes, Series 2004-4, Class M-6 to BBB from BBB (high)
--$10,043,425, New Century Home Equity Loan Trust 2004-4, Asset-Backed Notes, Series 2004-4, Class M-7 to BBB (low) from BBB
--$7,445,732, New Century Home Equity Loan Trust 2004-4, Asset-Backed Notes, Series 2004-4, Class M-8 to BB (high) from BBB (low)
--$8,559,390, New Century Home Equity Loan Trust 2004-4, Asset-Backed Notes, Series 2004-4, Class M-9 to BB from BB (high)
--$35,582,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class M-2 to A (high) from AA (high)
--$21,186,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class M-3 to A (low) from AA
--$19,954,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class M-4 to BBB (high) from A (high)
--$17,768,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class M-5 to BBB from “A”
--$15,582,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class M-6 to BBB (low) from A (low)
--$14,442,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class M-7 to BB (high) from BBB (high)
--$13,349,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class M-8 to BB from BBB
--$11,116,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class M-9 to BB (low) from BBB (low)
--$13,302,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2, Asset-Backed Certificates, Series 2007-2, Class B-1 to B (high) from BBB (low)
--$46,636,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3, Asset-Backed Certificates, Series 2007-3, Class M-2 to AA (low) from AA (high)
--$28,862,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3, Asset-Backed Certificates, Series 2007-3, Class M-3 to A from AA
--$25,518,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3, Asset-Backed Certificates, Series 2007-3, Class M-4 to BBB (high) from A (high)
--$24,404,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3, Asset-Backed Certificates, Series 2007-3, Class M-5 to BBB from “A”
--$20,003,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3, Asset-Backed Certificates, Series 2007-3, Class M-6 to BBB (low) from A (low)
--$20,003,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3, Asset-Backed Certificates, Series 2007-3, Class M-7 to BB (high) from BBB (high)
--$18,888,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3, Asset-Backed Certificates, Series 2007-3, Class M-8 to BB from BBB
--$15,545,000, Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3, Asset-Backed Certificates, Series 2007-3, Class M-9 to BB (low) from BBB (low)
--$90,017,000, Securitized Asset Backed Receivables LLC Trust 2005-HE1, Mortgage Pass-Through Certificates, Series 2005-HE1, Class M-1 to AA (low) from AA (high)
--$75,524,000, Securitized Asset Backed Receivables LLC Trust 2005-HE1, Mortgage Pass-Through Certificates, Series 2005-HE1, Class M-2 to BBB from “A”
--$18,865,000, Securitized Asset Backed Receivables LLC Trust 2005-HE1, Mortgage Pass-Through Certificates, Series 2005-HE1, Class M-3 to BBB (low) from A (low)
--$18,865,000, Securitized Asset Backed Receivables LLC Trust 2005-HE1, Mortgage Pass-Through Certificates, Series 2005-HE1, Class B-1 to BB (high) from BBB
--$14,492,000, Securitized Asset Backed Receivables LLC Trust 2005-HE1, Mortgage Pass-Through Certificates, Series 2005-HE1, Class B-2 to BB from BBB
--$14,430,000, Securitized Asset Backed Receivables LLC Trust 2005-HE1, Mortgage Pass-Through Certificates, Series 2005-HE1, Class B-3 to BB (low) from BBB (low)
--$13,368,000, Securitized Asset Backed Receivables LLC Trust 2005-HE1, Mortgage Pass-Through Certificates, Series 2005-HE1, Class B-4 to BB (low) from BB (high)
--$73,369,000, Securitized Asset Backed Receivables LLC Trust 2006-FR1, Mortgage Pass-Through Certificates, Series 2006-FR1, Class M-1 to AA from AA (high)
--$59,984,000, Securitized Asset Backed Receivables LLC Trust 2006-FR1, Mortgage Pass-Through Certificates, Series 2006-FR1, Class M-2 to BBB from A
--$15,582,000, Securitized Asset Backed Receivables LLC Trust 2006-FR1, Mortgage Pass-Through Certificates, Series 2006-FR1, Class M-3 to BBB (low) from A (low)
--$15,582,000, Securitized Asset Backed Receivables LLC Trust 2006-FR1, Mortgage Pass-Through Certificates, Series 2006-FR1, Class B-1 to BB (high) from BBB (high)
--$14,434,000, Securitized Asset Backed Receivables LLC Trust 2006-FR1, Mortgage Pass-Through Certificates, Series 2006-FR1, Class B-2 to BB from BBB
--$12,286,000, Securitized Asset Backed Receivables LLC Trust 2006-FR1, Mortgage Pass-Through Certificates, Series 2006-FR1, Class B-3 to BB (low) from BBB (low)
--$22,299,000, Securitized Asset Backed Receivables LLC Trust 2007-NC2, Mortgage Pass-Through Certificates, Series 2007-NC2, Class M-4 to A (low) from A (high)
--$15,588,000, Securitized Asset Backed Receivables LLC Trust 2007-NC2, Mortgage Pass-Through Certificates, Series 2007-NC2, Class M-5 to BBB (high) from “A”
--$13,379,000, Securitized Asset Backed Receivables LLC Trust 2007-NC2, Mortgage Pass-Through Certificates, Series 2007-NC2, Class M-6 to BBB from A (low)
--$15,546,000, Securitized Asset Backed Receivables LLC Trust 2007-NC2, Mortgage Pass-Through Certificates, Series 2007-NC2, Class B-1 to BBB (low) from BBB (high)
--$9,119,000, Securitized Asset Backed Receivables LLC Trust 2007-NC2, Mortgage Pass-Through Certificates, Series 2007-NC2, Class B-2 to BB (high) from BBB
--$11,128,000, Securitized Asset Backed Receivables LLC Trust 2007-NC2, Mortgage Pass-Through Certificates, Series 2007-NC2, Class B-3 to BB from BBB (low)
--$11,198,000, Soundview Home Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-5 to BBB (high) from A (high)
--$11,163,000, Soundview Home Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-6 to BBB from “A”
--$10,022,000, Soundview Home Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-7 to BBB (low) from A (low)
--$9,116,000, Soundview Home Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-8 to BB (high) from BBB (high)
--$7,440,000, Soundview Home Loan Trust 2005-3, Asset-Backed Certificates, Series 2005-3, Class M-9 to BB from BBB (low)
--$17,703,000, Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust, Home Equity Asset-Backed Certificates, Series 2006-3, Class M-4 to “A” from AA (low)
--$15,569,000, Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust, Home Equity Asset-Backed Certificates, Series 2006-3, Class M-5 to A (low) from A (high)
--$10,075,000, Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust, Home Equity Asset-Backed Certificates, Series 2006-3, Class M-6 to BBB (high) from “A”
--$9,886,000, Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust, Home Equity Asset-Backed Certificates, Series 2006-3, Class B-1 to BBB from A (low)
--$8,551,000, Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust, Home Equity Asset-Backed Certificates, Series 2006-3, Class B-2 to BBB (low) from BBB (high)
--$13,389,000, Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust, Home Equity Asset-Backed Certificates, Series 2006-3, Class B-4 to BB (high) from BBB (low)
--$8,770,000, Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust, Home Equity Asset-Backed Certificates, Series 2007-1, Class M-5 to A (low) from “A”
--$7,888,000, Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust, Home Equity Asset-Backed Certificates, Series 2007-1, Class M-6 to BBB from A (low)
--$7,661,000, Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust, Home Equity Asset-Backed Certificates, Series 2007-1, Class B-1 to BBB (low) from BBB (high)
--$6,779,000, Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust, Home Equity Asset-Backed Certificates, Series 2007-1, Class B-2 to BB (high) from BBB
--$4,662,000, Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust, Home Equity Asset-Backed Certificates, Series 2007-1, Class B-3 to BB from BBB (low)
The following classes, backed by second-lien collateral, have been downgraded to reflect the rapid deterioration in credit enhancement that is a result of the significant increase in collateral delinquencies and losses. Overcollateralization has been depleted in many transactions and excess spread continues to diminish. Additionally, in many cases, subordinate classes have already been impaired, further weakening the available credit support for the remaining senior and mezzanine classes.
--$18,881,000, C-BASS 2006-SL1 Trust, C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-SL1, Class M-5 to BBB (low) from BBB
--$17,777,000, C-BASS 2006-SL1 Trust, C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-SL1, Class M-6 to BB from BB (high)
--$19,997,000, C-BASS 2006-SL1 Trust, C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-SL1, Class B-1 to B (high) from BB (low)
--$13,371,660, C-BASS 2006-SL1 Trust, C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-SL1, Class B-2 to C from B (high)
--$108,081,932, Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3, Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class A-1 to AA (low) from AAA
--$38,880,000, Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3, Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class A-2 to AA (low) from AAA
--$20,000,000, Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3, Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class A-3 to AA (low) from AAA
--$17,770,000, Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3, Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-1 to BBB (high) from A
--$13,338,000, Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3, Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-2 to BB (high) from BBB
--$13,338,000, Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3, Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-3 to BB (low) from BB
--$8,660,000, Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3, Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-4 to B from B (high)
--$1,774,492, Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3, Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-5 to C from B
--$102,028,351, CWABS Asset-Backed Certificates Trust 2006-SPS1, Asset-Backed Certificates, Series 2006-SPS1, Class A to A (high) from AA
--$13,331,000, CWABS Asset-Backed Certificates Trust 2006-SPS1, Asset-Backed Certificates, Series 2006-SPS1, Class M-1 to BBB from BBB (high)
--$11,150,000, CWABS Asset-Backed Certificates Trust 2006-SPS1, Asset-Backed Certificates, Series 2006-SPS1, Class M-2 to BB from BB (high)
--$7,000,000, CWABS Asset-Backed Certificates Trust 2006-SPS1, Asset-Backed Certificates, Series 2006-SPS1, Class M-3 to B (high) from BB (low)
--$2,779,615, CWABS Asset-Backed Certificates Trust 2006-SPS1, Asset-Backed Certificates, Series 2006-SPS1, Class M-4 to C from B
--$44,420,621, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class A1 to AA (low) from AAA
--$109,097,507, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class A2 to AA (low) from AAA
--$79,938,000, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class A3 to AA (low) from AAA
--$61,121,000, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class A4 to AA (low) from AAA
--$28,843,000, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class M1 to BBB (high) from AA (high)
--$26,672,000, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class M2 to BBB (low) from A (low)
--$16,644,000, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class M3 to BB from BBB
--$13,336,000, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class M4 to BB (low) from BB (high)
--$13,336,000, First Franklin Mortgage Loan Trust 2006-FFB, Mortgage Pass-Through Certificates, Series 2006-FFB, Class M5 to B (high) from BB (low)
--$23,362,000, Home Equity Mortgage Trust Series 2006-4, Home Equity Mortgage Pass-Through Certificates, Series 2006-4, Class M-1 to A (high) from AA
--$24,494,000, Home Equity Mortgage Trust Series 2006-4, Home Equity Mortgage Pass-Through Certificates, Series 2006-4, Class M-2 to BB (high) from BBB
--$9,119,000, Home Equity Mortgage Trust Series 2006-4, Home Equity Mortgage Pass-Through Certificates, Series 2006-4, Class M-3 to BB (low) from BB (high)
--$4,665,762, Home Equity Mortgage Trust Series 2006-4, Home Equity Mortgage Pass-Through Certificates, Series 2006-4, Class M-4 to C from BB (low)
--$4,773,109, Merrill Lynch Mortgage Investors Trust, Series 2005-NCA, Mortgage Loan Asset-Backed Certificates, Series 2005-NCA, Class B-4 to C from B
--$82,294,013, Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1, Mortgage Pass-Through Certificates, Series 2006-ARS1, Class A1 to BBB (high) from AAA
--$13,394,000, Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1, Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M1 to BB (high) from A (low)
--$12,219,000, Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1, Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M2 to BB (low) from BBB (low)
--$5,997,000, Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1, Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M3 to B (high) from BB (high)
--$1,338,216, Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1, Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M4 to C from BB (low)
--$0, Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1, Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M5 to C from B (low)
--$267,671,896, SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1, Asset-Backed Pass-Through Certificates, Series 2007-1, Class A to BB from BBB (low)
--$7,223,000, SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1, Asset-Backed Pass-Through Certificates, Series 2007-1, Class M-1 to BB (low) from BB (high)
--$8,110,308, SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1, Asset-Backed Pass-Through Certificates, Series 2007-1, Class M-2 to C from B (low)
--$69,973,870, Terwin Mortgage Trust 2005-13SL, Asset-Backed Securities, Series 2005-13SL, Class A-1a Nts to BB (low) from BB (high)
--$105,053,000, Terwin Mortgage Trust 2005-13SL, Asset-Backed Securities, Series 2005-13SL, Class A-1b Nts to BB (low) from BB (high)
--$11,194,711, Terwin Mortgage Trust 2005-13SL, Asset-Backed Securities, Series 2005-13SL, Class A-2 Nts to BB (low) from BB (high)
--$9,336,499, Terwin Mortgage Trust 2005-5SL, Asset-Backed Certificates, Series 2005-5SL, Class B-3 to BB (low) from BB
Note:
All figures are in U.S. dollars unless otherwise noted.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
Ratings
| Issuer | Debt Rated | Rating Action | Rating | Trend | Notes | Published |
|---|---|---|---|---|---|---|
| Accredited Mortgage Loan Trust 2006-1 | Asset-Backed Notes, Series 2006-1, Class M-6 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Accredited Mortgage Loan Trust 2006-1 | Asset-Backed Notes, Series 2006-1, Class M-7 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Accredited Mortgage Loan Trust 2006-1 | Asset-Backed Notes, Series 2006-1, Class M-8 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Accredited Mortgage Loan Trust 2006-1 | Asset-Backed Notes, Series 2006-1, Class M-9 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 | Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-2 | Downgraded | AA (sf) | -- | Apr 18, 2008 | |
| ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 | Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-3 | Downgraded | A (sf) | -- | Apr 18, 2008 | |
| ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 | Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-4 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 | Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-5 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 | Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-6 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 | Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-7 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 | Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-8 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 | Asset-Backed Pass-Through Certificates, Series 2007-HE2, Class M-9 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| C-BASS 2006-SL1 Trust | C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-SL1, Class M-5 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| C-BASS 2006-SL1 Trust | C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-SL1, Class M-6 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| C-BASS 2006-SL1 Trust | C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-SL1, Class B-1 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| C-BASS 2006-SL1 Trust | C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-SL1, Class B-2 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 | Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class A-1 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 | Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class A-2 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 | Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class A-3 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 | Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-1 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 | Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-2 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 | Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-3 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 | Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-4 | Downgraded | B (sf) | -- | Apr 18, 2008 | |
| Credit Suisse First Boston Mortgage Securities Corp. Home Equity Mortgage Trust 2006-3 | Home Equity Mortgage Pass-Through Certificates, Series 2006-3, Class M-5 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2004-12 | Asset-Backed Certificates, Series 2004-12, Class MV-6 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2004-12 | Asset-Backed Certificates, Series 2004-12, Class MV-7 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2004-12 | Asset-Backed Certificates, Series 2004-12, Class MV-8 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2004-12 | Asset-Backed Certificates, Series 2004-12, Class BV | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2004-AB2 | Asset-Backed Certificates, Series 2004-AB2, Class M-4 | Downgraded | A (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2004-AB2 | Asset-Backed Certificates, Series 2004-AB2, Class M-5 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2004-AB2 | Asset-Backed Certificates, Series 2004-AB2, Class M-6 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2004-AB2 | Asset-Backed Certificates, Series 2004-AB2, Class B | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2006-SPS1 | Asset-Backed Certificates, Series 2006-SPS1, Class A | Downgraded | A (high) (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2006-SPS1 | Asset-Backed Certificates, Series 2006-SPS1, Class M-1 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2006-SPS1 | Asset-Backed Certificates, Series 2006-SPS1, Class M-2 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2006-SPS1 | Asset-Backed Certificates, Series 2006-SPS1, Class M-3 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| CWABS Asset-Backed Certificates Trust 2006-SPS1 | Asset-Backed Certificates, Series 2006-SPS1, Class M-4 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class A1 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class A2 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class A3 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class A4 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class M1 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class M2 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class M3 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class M4 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust 2006-FFB | Mortgage Pass-Through Certificates, Series 2006-FFB, Class M5 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust, Series 2005-FFH2 | Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M5 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust, Series 2005-FFH2 | Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M6 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust, Series 2005-FFH2 | Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M7 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust, Series 2005-FFH2 | Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M8 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust, Series 2005-FFH2 | Mortgage Pass-Through Certificates, Series 2005-FFH2, Class M9 | Downgraded | B (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust, Series 2005-FFH2 | Mortgage Pass-Through Certificates, Series 2005-FFH2, Class B1 | Downgraded | B (low) (sf) | -- | Apr 18, 2008 | |
| First Franklin Mortgage Loan Trust, Series 2005-FFH2 | Mortgage Pass-Through Certificates, Series 2005-FFH2, Class B2 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class M4 | Downgraded | A (high) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class M5 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class M6 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class M7 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class M8 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class M9 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class B1 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class B2 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2005-D | Mortgage-Backed Certificates, Series 2005-D, Class B3 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-C | Mortgage-Backed Certificates, Series 2006-C, Class M3 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-C | Mortgage-Backed Certificates, Series 2006-C, Class M4 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-C | Mortgage-Backed Certificates, Series 2006-C, Class M5 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-C | Mortgage-Backed Certificates, Series 2006-C, Class M6 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-C | Mortgage-Backed Certificates, Series 2006-C, Class M7 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-C | Mortgage-Backed Certificates, Series 2006-C, Class M8 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-D | Mortgage-Backed Certificates, Series 2006-D, Class M2 | Downgraded | A (high) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-D | Mortgage-Backed Certificates, Series 2006-D, Class M3 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-D | Mortgage-Backed Certificates, Series 2006-D, Class M4 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-D | Mortgage-Backed Certificates, Series 2006-D, Class M5 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-D | Mortgage-Backed Certificates, Series 2006-D, Class M6 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Fremont Home Loan Trust 2006-D | Mortgage-Backed Certificates, Series 2006-D, Class M7 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Home Equity Mortgage Trust Series 2006-4 | Home Equity Mortgage Pass-Through Certificates, Series 2006-4, Class M-1 | Downgraded | A (high) (sf) | -- | Apr 18, 2008 | |
| Home Equity Mortgage Trust Series 2006-4 | Home Equity Mortgage Pass-Through Certificates, Series 2006-4, Class M-2 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Home Equity Mortgage Trust Series 2006-4 | Home Equity Mortgage Pass-Through Certificates, Series 2006-4, Class M-3 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Home Equity Mortgage Trust Series 2006-4 | Home Equity Mortgage Pass-Through Certificates, Series 2006-4, Class M-4 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-1 | Downgraded | AA (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-2 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-3 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-4 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-5 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-6 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-7 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-8 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-9 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| Meritage Mortgage Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class B-1 | Downgraded | B (sf) | -- | Apr 18, 2008 | |
| Merrill Lynch Mortgage Investors Trust, Series 2005-NCA | Mortgage Loan Asset-Backed Certificates, Series 2005-NCA, Class B-4 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-3 | Asset-Backed Notes, Series 2004-3, Class M-6 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-3 | Asset-Backed Notes, Series 2004-3, Class M-7 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-3 | Asset-Backed Notes, Series 2004-3, Class M-8 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-3 | Asset-Backed Notes, Series 2004-3, Class M-9 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-4 | Asset-Backed Notes, Series 2004-4, Class M-5 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-4 | Asset-Backed Notes, Series 2004-4, Class M-6 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-4 | Asset-Backed Notes, Series 2004-4, Class M-7 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-4 | Asset-Backed Notes, Series 2004-4, Class M-8 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| New Century Home Equity Loan Trust 2004-4 | Asset-Backed Notes, Series 2004-4, Class M-9 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class M-2 | Downgraded | A (high) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class M-3 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class M-4 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class M-5 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class M-6 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class M-7 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class M-8 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class M-9 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2 | Asset-Backed Certificates, Series 2007-2, Class B-1 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3 | Asset-Backed Certificates, Series 2007-3, Class M-2 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3 | Asset-Backed Certificates, Series 2007-3, Class M-3 | Downgraded | A (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3 | Asset-Backed Certificates, Series 2007-3, Class M-4 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3 | Asset-Backed Certificates, Series 2007-3, Class M-5 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3 | Asset-Backed Certificates, Series 2007-3, Class M-6 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3 | Asset-Backed Certificates, Series 2007-3, Class M-7 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3 | Asset-Backed Certificates, Series 2007-3, Class M-8 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3 | Asset-Backed Certificates, Series 2007-3, Class M-9 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2005-HE1 | Mortgage Pass-Through Certificates, Series 2005-HE1, Class M-1 | Downgraded | AA (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2005-HE1 | Mortgage Pass-Through Certificates, Series 2005-HE1, Class M-2 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2005-HE1 | Mortgage Pass-Through Certificates, Series 2005-HE1, Class M-3 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2005-HE1 | Mortgage Pass-Through Certificates, Series 2005-HE1, Class B-1 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2005-HE1 | Mortgage Pass-Through Certificates, Series 2005-HE1, Class B-2 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2005-HE1 | Mortgage Pass-Through Certificates, Series 2005-HE1, Class B-3 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2005-HE1 | Mortgage Pass-Through Certificates, Series 2005-HE1, Class B-4 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2006-FR1 | Mortgage Pass-Through Certificates, Series 2006-FR1, Class M-1 | Downgraded | AA (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2006-FR1 | Mortgage Pass-Through Certificates, Series 2006-FR1, Class M-2 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2006-FR1 | Mortgage Pass-Through Certificates, Series 2006-FR1, Class M-3 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2006-FR1 | Mortgage Pass-Through Certificates, Series 2006-FR1, Class B-1 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2006-FR1 | Mortgage Pass-Through Certificates, Series 2006-FR1, Class B-2 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2006-FR1 | Mortgage Pass-Through Certificates, Series 2006-FR1, Class B-3 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2007-NC2 | Mortgage Pass-Through Certificates, Series 2007-NC2, Class M-4 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2007-NC2 | Mortgage Pass-Through Certificates, Series 2007-NC2, Class M-5 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2007-NC2 | Mortgage Pass-Through Certificates, Series 2007-NC2, Class M-6 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2007-NC2 | Mortgage Pass-Through Certificates, Series 2007-NC2, Class B-1 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2007-NC2 | Mortgage Pass-Through Certificates, Series 2007-NC2, Class B-2 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Securitized Asset Backed Receivables LLC Trust 2007-NC2 | Mortgage Pass-Through Certificates, Series 2007-NC2, Class B-3 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Soundview Home Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-5 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Soundview Home Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-6 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Soundview Home Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-7 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Soundview Home Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-8 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Soundview Home Loan Trust 2005-3 | Asset-Backed Certificates, Series 2005-3, Class M-9 | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1 | Mortgage Pass-Through Certificates, Series 2006-ARS1, Class A1 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1 | Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M1 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1 | Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M2 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1 | Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M3 | Downgraded | B (high) (sf) | -- | Apr 18, 2008 | |
| Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1 | Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M4 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| Structured Asset Securities Corporation Mortgage Loan Trust 2006-ARS1 | Mortgage Pass-Through Certificates, Series 2006-ARS1, Class M5 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1 | Asset-Backed Pass-Through Certificates, Series 2007-1, Class A | Downgraded | BB (sf) | -- | Apr 18, 2008 | |
| SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1 | Asset-Backed Pass-Through Certificates, Series 2007-1, Class M-1 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1 | Asset-Backed Pass-Through Certificates, Series 2007-1, Class M-2 | Downgraded | C (sf) | -- | Apr 18, 2008 | |
| Terwin Mortgage Trust 2005-13SL | Asset-Backed Securities, Series 2005-13SL, Class A-1a Nts | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Terwin Mortgage Trust 2005-13SL | Asset-Backed Securities, Series 2005-13SL, Class A-1b Nts | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Terwin Mortgage Trust 2005-13SL | Asset-Backed Securities, Series 2005-13SL, Class A-2 Nts | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Terwin Mortgage Trust 2005-5SL | Asset-Backed Certificates, Series 2005-5SL, Class B-3 | Downgraded | BB (low) (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust | Home Equity Asset-Backed Certificates, Series 2006-3, Class M-4 | Downgraded | A (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust | Home Equity Asset-Backed Certificates, Series 2006-3, Class M-5 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust | Home Equity Asset-Backed Certificates, Series 2006-3, Class M-6 | Downgraded | BBB (high) (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust | Home Equity Asset-Backed Certificates, Series 2006-3, Class B-1 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust | Home Equity Asset-Backed Certificates, Series 2006-3, Class B-2 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust | Home Equity Asset-Backed Certificates, Series 2006-3, Class B-4 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust | Home Equity Asset-Backed Certificates, Series 2007-1, Class M-5 | Downgraded | A (low) (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust | Home Equity Asset-Backed Certificates, Series 2007-1, Class M-6 | Downgraded | BBB (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust | Home Equity Asset-Backed Certificates, Series 2007-1, Class B-1 | Downgraded | BBB (low) (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust | Home Equity Asset-Backed Certificates, Series 2007-1, Class B-2 | Downgraded | BB (high) (sf) | -- | Apr 18, 2008 | |
| Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust | Home Equity Asset-Backed Certificates, Series 2007-1, Class B-3 | Downgraded | BB (sf) | -- | Apr 18, 2008 |