Moody's upgrades $191.9 Million of Scratch & Dent RMBS issued from 2004 to 2007
Rating Action: Moody's upgrades $191.9 Million of Scratch& Dent RMBS issued from 2004 to 2007. Global Credit Research- 07 Mar 2022. New York, March 07, 2022-- Moody's Investors Service has upgraded the ratings of twenty-one bonds from thirteen US residential mortgage backed transactions, backed by scratch and dent mortgages issued by multiple issuers.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
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76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
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