24.03.2015 18:54:00
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Moody's takes action on $135.2 million of FHA/VA RMBS issued by two issuers in 2003 and 2004
New York, March 24, 2015 -- Moody's Investors Service has downgraded the ratings of ten tranches issued from two transactions. The collateral backing these deals consists of first-lien fixed and adjustable rate mortgage loans insured by the Federal Housing Administration (FHA), an agency of the U.S. Department of Urban Development (HUD) or guaranteed by the Veterans Administration (VA).