Moody's Downgrades 44 RMBS IO Classes and Upgrades 2 RMBS IO Classes from US RMBS Deals following the Implementation of Updated Structured Finance Interest-Only Methodology
Rating Action: Moody's Downgrades 44 RMBS IO Classes and Upgrades 2 RMBS IO Classes from US RMBS Deals following the Implementation of Updated Structured Finance Interest-Only Methodology. Global Credit Research- 20 Jun 2017. New York, June 20, 2017-- Moody's Investors Service, has downgraded the ratings of 44 Interest-Only bonds backed by US residential mortgage-backed bonds and upgraded 2 RMBS IO bonds from 23 RMBS transactions issued by multiple issuers.
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76,000 structured finance obligations
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