Moody's downgrades $144.6 million of Disaster Assistance Loans RMBS issued by SASCO from 2002 to 2003
New York, December 20, 2016-- Moody's Investors Service has downgraded the ratings of 12 tranches from three transactions issued by Structured Asset Securities Corporation. The collateral backing these transactions consists of loans originated by the Small Business Administration to borrowers who have experienced property losses in disasters recognized by the United States federal government. The loans are primarily backed by single-family homes but are also backed...
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