31.10.2013 20:56:00

Moody's takes action on $75.13 Million of Scratch and Dent RMBS issued from 2005 to 2007

New York, October 31, 2013 -- Moody's Investors Service has downgraded the rating of one tranche, Class A-3 from Security National Mortgage Loan Trust 2005-2. In addition, Moody's placed seven tranches on review for possible downgrade and one tranche on review for possible upgrade from six deals issued by Security National. The transactions are all backed by Scratch and Dent RMBS loans.

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