Report
EUR 173.77 For Business Accounts Only

Moody's downgrades $16.8 Million of US RMBS issued from 1999 to 2005

Rating Action: Moody's downgrades $16.8 Million of US RMBS issued from 1999 to 2005. Global Credit Research- 29 Oct 2021. New York, October 29, 2021-- Moody's Investors Service, has downgraded the ratings of four bonds from two US residential mortgage backed transactions, backed by subprime and option ARM mortgages issued by multiple issuers.
Underlyings
Delta Funding Home Equity Loan Trust 1999-3

DSLA Mortgage Loan Trust 2005-AR3

Provider
Moody's Investors Service
Moody's Investors Service

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
    21,000 public finance issuers
    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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