Moody's confirms the rating on Class N-1 from Greenwich Structured ARM Products CI 2005-2

New York, September 29, 2016 -- Moody's Investors Service has confirmed the rating of class N-1 tranche from the resecuritization transaction Greenwich Structured ARM Products CI 2005-2. The tranche and the resecurization transaction's underlying tranche, Cl. X from CHL Mortgage Pass-Through Trust 2004-16 were placed on review for upgrade on July 22nd, 2016 due to the distribution of funds related to the $8.5 billion settlement related to CW's pre-crisis servicing practices and alleged breaches of representations and warranties, between Bank of America, N.A., parent of CW, and Bank of New York Mellon as trustee.

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