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Moody's downgrades the ratings of four bonds issued by Renaissance Home Equity Loan Trust between 2002 and 2004

Moody's Investors Service ("Moody's") has downgraded the ratings of four bonds from three US residential mortgage-backed transactions (RMBS), backed by subprime mortgages issued by Renaissance Home Equity Loan Trust. Please click on this link /viewresearchdoc.aspx?docid=PBS_A...
Underlyings
Renaissance Home Equity Loan Trust 2002-4

Renaissance Home Equity Loan Trust 2003-1

Renaissance Home Equity Loan Trust 2004-1

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:

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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.



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