09.08.2016 21:47:00
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Moody's: No negative ratings impact on Mill City RMBS transactions from changes to depositor's ownership structure
New York, August 09, 2016 -- Moody's Investors Service announced today that the proposed assignment of limited liability company membership interests of Mill City Depositor, LLC, the depositor of Mill City Mortgage Loan Trust 2015-1 and Mill City Mortgage Loan Trust 2015-2, would not, in and of itself and as of this time, result in the downgrade or withdrawal of the Moody's ratings of the issued securities.