18.01.2013 19:19:00
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Moody's takes rating action on $600 Million Subprime RMBS issued by various financial institutions
New York, January 18, 2013 -- Moody's Investors Service (Moody's) has downgraded the rating on one tranche, affirmed the ratings on 10 tranches and upgraded the ratings on three tranches from three subprime RMBS transactions issued by various financial institutions. The collateral backing these transactions are subprime residential mortgage loans.