Moody's downgrades $2 Million of ABSC 2005-HE3 Subprime RMBS
New York, November 02, 2016-- Moody's Investors Service has downgraded the rating of Class M3 from Asset Backed Securities Corporation Home Equity Loan Trust 2005- HE3, which is backed by Subprime RMBS loans. Complete rating actions are as follows:. Issuer: Asset Backed Securities Corporation Home Equity Loan Trust 2005- HE3.
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