Correction to Text: March 30, 2009 Moody's takes Rating Actions on Manufactured Housing transactions

NOTE: On March 2, 2012, the press release was revised as follows: Complete Rating Action list has been corrected to remove ?Green Tree Financial Corporation MH 1997-03 - A-7, Downgraded to Ba1; previously on 12/13/2004 Downgraded to Baa1. List of adjusted rating actions has been corrected to add: ?Green Tree Financial Corporation MH 1997-03 - A-7, Downgraded from Baa1 to Ba1 on 3/30/2009; Changed to Baa1 on 4/3/2009?. Revised release follows.

New York, April 03, 2009 -- Moody's Investors Service today has taken rating actions with respect to the ratings of certain tranches of transactions collateralized by manufactured housing loans. These actions result in changes to ratings announced on March 30th, which the rating agency determined had employed unduly conservative assumptions regarding loss multiples and severity of loss upon default and did not give full credit for scheduled principal payments. In taking these rating actions today, Moody's applied an expanded ratings multiple table to provide loss multiples for transactions with higher loss levels, added credit for scheduled principal payments, and updated its loss severity assumption to 85%, which compares to actual recent severity experience of about 75%. This resulted in adjusted ratings on 197 tranches.

The adjusted rating actions are as follows:

Access Financial MH Contract Trust 1995-1

B-1, Downgraded from B2 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Access Financial MH Contract Trust 1996-1

A-5, Downgraded from Aaa to Aa1 on 3/30/2009; Changed to Aaa placed on review for possible downgrade on 4/3/2009.

A-6, Downgraded from A1 to Ca on 3/30/2009; Changed to Ba2 on 4/3/2009.

Associates Manufactured Housing 1996-2

B-1, Downgraded from Ba2 to B2 on 3/30/2009; Changed to Ba2 on 4/3/2009.

Associates Manufactured Housing 1997-2

A-6, Downgraded from Aaa to A1 on 3/30/2009; Changed to Aaa placed on review for possible downgrade on 4/3/2009.

M, Downgraded from A1 to B1 on 3/30/2009; Changed to A2 on 4/3/2009.

Bombardier Capital Mortgage Securitization Corp 1998-A

A-3, Downgraded from A1 to Ba3 on 3/30/2009; Changed to A1 on 4/3/2009.

A-4, Downgraded from A1 to Ba3 on 3/30/2009; Changed to A1 on 4/3/2009.

A-5, Downgraded from A1 to Ba3 on 3/30/2009; Changed to A1 on 4/3/2009.

Bombardier Capital Mortgage Securitization Corp 1998-B

A, Downgraded from B2 to Caa3 on 3/30/2009; Changed to Caa1 on 4/3/2009.

Bombardier Capital Mortgage Securitization Corp 1999-A

A-2, Downgraded from B1 to Caa2 on 3/30/2009; Changed to B3 on 4/3/2009.

A-3, Downgraded from B1 to Caa2 on 3/30/2009; Changed to B3 on 4/3/2009.

A-4, Downgraded from B1 to Caa2 on 3/30/2009; Changed to B3 on 4/3/2009.

A-5, Downgraded from B1 to Caa2 on 3/30/2009; Changed to B3 on 4/3/2009.

Bombardier Capital Mortgage Securitization Corp 2001-A

Cl. A, Downgraded from Baa3 to B3 on 3/30/2009; Changed to Baa3 on 4/3/2009.

Cl. M-1, Downgraded from Caa3 to C on 3/30/2009; Changed to Ca on 4/3/2009.

Conseco Finance Securitization Corp. Series 2001-4

Class M-1, Downgraded from Caa2 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Conseco Finance Securitization Corp. Series 2002-2

Class M-1, Downgraded from B1 to B2 on 3/30/2009; Changed to B1 on 4/3/2009.

Conseco Finance Securitizations Corp. Series 1999-6

Cl. A-1, Downgraded from Caa2 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Conseco Finance Securitizations Corp. Series 2000-6

Cl. A-5, Downgraded from B3 to Caa3 on 3/30/2009; Changed to Caa1 on 4/3/2009.

Conseco Finance Securitizations Corp. Series 2001-1

Cl. A-5, Downgraded from B3 to Caa3 on 3/30/2009; Changed to B3 on 4/3/2009.

Conseco Finance Securitizations Corp. Series 2001-3

Class A-4, Downgraded from B1 to Caa2 on 3/30/2009; Changed to B1 placed on review for possible downgrade on 4/3/2009.

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-MH1

Cl. AF-2, Downgraded from Aaa to A1 on 3/30/2009; Changed to Aaa on 4/3/2009.

Cl. AF-3, Downgraded from Aaa to A1 on 3/30/2009; Changed to Aaa on 4/3/2009.

Cl. AF-4, Downgraded from Aaa to A1 on 3/30/2009; Changed to Aaa on 4/3/2009.

Cl. M-1, Downgraded from Aa2 to Baa2 on 3/30/2009; Changed to A1 on 4/3/2009.

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-MH1

Cl. B-1, Downgraded from Baa2 to B3 on 3/30/2009; Changed to Ca on 4/3/2009.

CIT Group Securitization Corp II MH 1995-1

A-4, Downgraded from Aa3 to Ba1 on 3/30/2009; Changed to Aa3 on 4/3/2009.

CIT Group Securitization Corp II MH 1995-2

A-5, Downgraded from Aa3 to Ba2 on 3/30/2009; Changed to Aa3 on 4/3/2009.

CSFB ABS Trust Manufactured Housing Pass-Through Certificates 2001-MH29

Cl. M-1, Downgraded from Aa2 to A2 on 3/30/2009; Changed to Aa2 placed on review for possible downgrade on 4/3/2009.

Cl. M-2, Downgraded from A2 to B1 on 3/30/2009; Changed to Baa3 on 4/3/2009.

CSFB Manufactured Housing Pass-Through Certificates, Series 2002-MH3

Cl. A, Downgraded from Aaa to A2 on 3/30/2009; Changed to Aaa placed on review for possible downgrade on 4/3/2009.

Cl. M-1, Downgraded from Aa2 to Ba2 on 3/30/2009; Changed to A3 on 4/3/2009.

Cl. M-2, Downgraded from Baa2 to Ca on 3/30/2009; Changed to B2 on 4/3/2009.

Deutsche Financial Capital Securitization LLC, Series 1997-I

Class A-3, Downgraded from A3 to Baa2 on 3/30/2009; Changed to A3 on 4/3/2009.

Class A-4, Downgraded from A3 to Baa2 on 3/30/2009; Changed to A3 on 4/3/2009.

Class A-5, Downgraded from A3 to Baa2 on 3/30/2009; Changed to A3 on 4/3/2009.

Class A-6, Downgraded from A3 to Baa2 on 3/30/2009; Changed to A3 on 4/3/2009.

Class M, Downgraded from B3 to Ca on 3/30/2009; Changed to B3 placed on review for possible downgrade on 4/3/2009.

Deutsche Financial Capital Securitization LLC, Series 1998-I

Class A-2, Downgraded from Baa1 to B3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Class A-3, Downgraded from Baa1 to B3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Class A-4, Downgraded from Baa1 to B3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Class A-5, Downgraded from Baa1 to B3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Class A-6, Downgraded from Baa1 to B3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Class A-7, Downgraded from Baa1 to B3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Class M, Downgraded from Caa2 to C on 3/30/2009; Changed to Ca on 4/3/2009.

Green Tree Financial Corporation MH 1992-02

B, Downgraded from Caa1 to Caa3 on 3/30/2009; Changed to Caa1 on 4/3/2009.

Green Tree Financial Corporation MH 1993-01

B, Downgraded from Caa1 to Caa3 on 3/30/2009; Changed to Caa1 on 4/3/2009.

Green Tree Financial Corporation MH 1993-02

B, Downgraded from Caa1 to Caa3 on 3/30/2009; Changed to Caa1 on 4/3/2009.

Green Tree Financial Corporation MH 1993-03

B, Downgraded from Caa1 to Caa3 on 3/30/2009; Changed to Caa1 on 4/3/2009.

Green Tree Financial Corporation MH 1995-03

B-1, Downgraded from Ba2 to B1 on 3/30/2009; Changed to Ba2 on 4/3/2009.

Green Tree Financial Corporation MH 1995-04

B-1, Downgraded from B1 to Caa3 on 3/30/2009; Changed to B1 on 4/3/2009.

Green Tree Financial Corporation MH 1995-05

B-1, Downgraded from B1 to Caa2 on 3/30/2009; Changed to B1 on 4/3/2009.

Green Tree Financial Corporation MH 1995-06

M-1, Downgraded from Baa2 to Ba3 on 3/30/2009; Changed to Baa2 on 4/3/2009.

B-1, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Green Tree Financial Corporation MH 1995-08

M-1, Downgraded from A1 to A2 on 3/30/2009; Changed to A1 on 4/3/2009.

B-1, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Green Tree Financial Corporation MH 1995-09

M-1, Downgraded from A2 to A3 on 3/30/2009; Changed to A2 on 4/3/2009.

B-1, Downgraded from B3 to Caa1 on 3/30/2009; Changed to B3 on 4/3/2009.

Green Tree Financial Corporation MH 1995-10

M-1, Downgraded from Aa3 to Baa1 on 3/30/2009; Changed to Aa3 on 4/3/2009.

B-1, Downgraded from B3 to Ca on 3/30/2009; Changed to B3 placed on review for possible downgrade on 4/3/2009.

Green Tree Financial Corporation MH 1996-01

M-1, Downgraded from Baa1 to Ba2 on 3/30/2009; Changed to Baa1 on 4/3/2009.

B-1, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Green Tree Financial Corporation MH 1996-02

M-1, Downgraded from B3 to Caa2 on 3/30/2009; Changed to B3 placed on review for possible downgrade on 4/3/2009.

Green Tree Financial Corporation MH 1996-03

A-5, Downgraded from Aa1 to A1 on 3/30/2009; Changed to Aa1 on 4/3/2009.

A-6, Downgraded from Aa1 to A1 on 3/30/2009; Changed to Aa1 on 4/3/2009.

M-1, Downgraded from Caa2 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Green Tree Financial Corporation MH 1996-04

A-6, Downgraded from A2 to A3 on 3/30/2009; Changed to A2 on 4/3/2009.

A-7, Downgraded from A2 to A3 on 3/30/2009; Changed to A2 on 4/3/2009.

Green Tree Financial Corporation MH 1996-05

A-6, Downgraded from Aa3 to A1 on 3/30/2009; Changed to Aa3 on 4/3/2009.

A-7, Downgraded from Aa3 to A1 on 3/30/2009; Changed to Aa3 on 4/3/2009.

M-1, Downgraded from Caa2 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Green Tree Financial Corporation MH 1996-06

M-1, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Green Tree Financial Corporation MH 1996-07

M-1, Downgraded from B1 to Caa2 on 3/30/2009; Changed to B3 on 4/3/2009.

Green Tree Financial Corporation MH 1996-08

A-6, Downgraded from Aa2 to Aa3 on 3/30/2009; Changed to Aa2 on 4/3/2009.

A-7, Downgraded from Aa2 to Aa3 on 3/30/2009; Changed to Aa2 on 4/3/2009.

M-1, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Green Tree Financial Corporation MH 1996-09

M-1, Downgraded from B2 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Green Tree Financial Corporation MH 1997-01

M-1, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Green Tree Financial Corporation MH 1997-02

A-6, Downgraded from Baa1 to Baa3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

A-7, Downgraded from Baa1 to Baa3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Green Tree Financial Corporation MH 1997-03

A-5, Downgraded from Baa1 to Ba1 on 3/30/2009; Changed to Baa1 on 4/3/2009.

A-6, Downgraded from Baa1 to Ba1 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Green Tree Financial Corporation MH 1997-05

M-1, Downgraded from B2 to Caa2 on 3/30/2009; Changed to B2 on 4/3/2009.

Green Tree Financial Corporation MH 1997-07

A-6, Downgraded from A3 to Baa1 on 3/30/2009; Changed to A3 on 4/3/2009.

A-7, Downgraded from A3 to Baa1 on 3/30/2009; Changed to A3 on 4/3/2009.

A-8, Downgraded from A3 to Baa1 on 3/30/2009; Changed to A3 on 4/3/2009.

A-9, Downgraded from A3 to Baa1 on 3/30/2009; Changed to A3 on 4/3/2009.

A-10, Downgraded from A3 to Baa1 on 3/30/2009; Changed to A3 on 4/3/2009.

M-1, Downgraded from Caa2 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Green Tree Financial Corporation MH 1998-01

M-1, Downgraded from Caa2 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Green Tree Financial Corporation MH 1998-02

A-5, Downgraded from Baa3 to Ba3 on 3/30/2009; Changed to Ba1 on 4/3/2009.

A-6, Downgraded from Ba1 to Ba3 on 3/30/2009; Changed to Ba1 on 4/3/2009.

M-1, Downgraded from Ca to C on 3/30/2009; Changed to Ca on 4/3/2009.

Green Tree Financial Corporation MH 1998-04

A-5, Downgraded from Ba3 to B3 on 3/30/2009; Changed to Ba3 on 4/3/2009.

A-6, Downgraded from Ba3 to B3 on 3/30/2009; Changed to Ba3 on 4/3/2009.

A-7, Downgraded from Ba3 to B3 on 3/30/2009; Changed to Ba3 on 4/3/2009.

M-1, Downgraded from Ca to C on 3/30/2009; Changed to Ca on 4/3/2009.

Green Tree Financial Corporation MH 1998-05

A-1, Downgraded from Ba1 to B3 on 3/30/2009; Changed to Ba1 on 4/3/2009.

M-1, Downgraded from Ca to C on 3/30/2009; Changed to Ca on 4/3/2009.

Green Tree Financial Corporation MH 1998-07

A-1, Downgraded from Ba1 to B1 on 3/30/2009; Changed to Ba1 on 4/3/2009.

M-1, Downgraded from Caa3 to C on 3/30/2009; Changed to Ca on 4/3/2009.

Green Tree Financial Corporation MH 1998-08

A-1, Downgraded from Ba2 to B3 on 3/30/2009; Changed to Ba2 on 4/3/2009.

M-1, Downgraded from Caa3 to C on 3/30/2009; Changed to Ca on 4/3/2009.

Greenpoint Manufactured Housing Contract Trust 1999-5

Cl. A-5, Downgraded from Ba1 to Ba2 on 3/30/2009; Changed to Ba1 on 4/3/2009.

Cl. M-1B, Downgraded from Ca to C on 3/30/2009; Changed to Ca on 4/3/2009.

GreenPoint Manufactured Housing Contract Trust 2001-1

Cl. I M-2, Downgraded from Aa3 to B1 on 3/30/2009; Changed to Baa3 on 4/3/2009.

IndyMac MH Contract 1997-1

A-2, Downgraded from B1 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

A-3, Downgraded from B1 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

A-4, Downgraded from B1 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

A-5, Downgraded from B1 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

A-6, Downgraded from B1 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Mid-State Trust VI

A-1, Downgraded from Aaa to A1 on 3/30/2009; Changed to Aa3 on 4/3/2009.

A-2, Downgraded from Aa2 to Baa3 on 3/30/2009; Changed to Baa2 on 4/3/2009.

A-3, Downgraded from A2 to B2 on 3/30/2009; Changed to Ba1 on 4/3/2009.

A-4, Downgraded from Baa2 to C on 3/30/2009; Changed to Caa3 on 4/3/2009.

Mid-State Trust X

Cl. M-1, Downgraded from Aa2 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Cl. M-2, Downgraded from A2 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Mid-State Trust XI

Cl. A, Downgraded from Aaa to Ba1 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Oakwood Mortgage Investors, Inc. Series 1997-D

A-3, Downgraded from A2 to A3 on 3/30/2009; Changed to A2 on 4/3/2009.

A-4, Downgraded from A2 to A3 on 3/30/2009; Changed to A2 on 4/3/2009.

A-5, Downgraded from A2 to A3 on 3/30/2009; Changed to A2 on 4/3/2009.

M, Downgraded from Ba3 to Caa1 on 3/30/2009; Changed to Ba3 placed on review for possible downgrade on 4/3/2009.

Oakwood Mortgage Investors, Inc. Series 1998-A

M, Downgraded from Caa1 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Oakwood Mortgage Investors, Inc., Series 1998-C

A, Downgraded from Baa3 to B3 on 3/30/2009; Changed to Baa3 on 4/3/2009.

A-1 ARM, Downgraded from Baa3 to B3 on 3/30/2009; Changed to Baa3 on 4/3/2009.

M-1, Downgraded from Ca to C on 3/30/2009; Changed to Ca on 4/3/2009.

Oakwood Mortgage Investors, Inc., Series 1998-D

A, Downgraded from Ba1 to Caa1 on 3/30/2009; Changed to Ba1 on 4/3/2009.

A-1 ARM, Downgraded from Ba1 to Caa1 on 3/30/2009; Changed to Ba1 on 4/3/2009.

M-1, Downgraded from Ca to C on 3/30/2009; Changed to Ca on 4/3/2009.

Oakwood Mortgage Investors, Inc., Series 1999-A

A-2, Downgraded from Ba1 to B3 on 3/30/2009; Changed to Ba1 placed on review for possible downgrade on 4/3/2009.

A-3, Downgraded from Ba1 to B3 on 3/30/2009; Changed to Ba1 placed on review for possible downgrade on 4/3/2009.

A-4, Downgraded from Ba1 to B3 on 3/30/2009; Changed to Ba1 placed on review for possible downgrade on 4/3/2009.

A-5, Downgraded from Ba1 to B3 on 3/30/2009; Changed to Ba1 placed on review for possible downgrade on 4/3/2009.

M-1, Downgraded from Caa3 to C on 3/30/2009; Changed to Ca on 4/3/2009.

Oakwood Mortgage Investors, Inc., Series 1999-B

A-2, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

A-3, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

A-4, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

Oakwood Mortgage Investors, Inc., Series 1999-D

A-1, Downgraded from Caa1 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

OMI Trust 2000-C

Cl. A-1, Downgraded from B2 to Ca on 3/30/2009; Changed to Caa2 on 4/3/2009.

OMI Trust 2000-D

Cl. A-3, Downgraded from Caa1 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

OMI Trust 2001-B

Cl. A-2, Downgraded from Ba3 to Caa3 on 3/30/2009; Changed to B3 on 4/3/2009.

Cl. A-3, Downgraded from Ba3 to Caa3 on 3/30/2009; Changed to B3 on 4/3/2009.

Cl. A-4, Downgraded from Ba3 to Caa3 on 3/30/2009; Changed to B3 on 4/3/2009.

OMI Trust 2002-A

Cl. A-1, Downgraded from B1 to Ca on 3/30/2009; Changed to B3 on 4/3/2009.

Cl. A-2, Downgraded from B1 to Ca on 3/30/2009; Changed to B3 on 4/3/2009.

Cl. A-3, Downgraded from B1 to Ca on 3/30/2009; Changed to B3 on 4/3/2009.

Cl. A-4, Downgraded from B1 to Ca on 3/30/2009; Changed to B3 on 4/3/2009.

Cl. A-IO, Downgraded from Ba3 to Ca on 3/30/2009; Changed to B3 on 4/3/2009.

OMI Trust 2002-B

Cl. A-1, Downgraded from Ba2 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Cl. A-2, Downgraded from Ba2 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Cl. A-3, Downgraded from Ba2 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Cl. A-4, Downgraded from Ba2 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Cl. IO, Downgraded from Ba1 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

OMI Trust 2002-C

Cl. A-1, Downgraded from Ba1 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

Cl. A-IO, Downgraded from Ba1 to Ca on 3/30/2009; Changed to Caa1 on 4/3/2009.

OMI Trust Series 2001-E

Cl. A-1, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Cl. A-2, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Cl. A-3, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Cl. A-4, Downgraded from B3 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Cl. A-IO, Downgraded from B2 to Ca on 3/30/2009; Changed to Caa3 on 4/3/2009.

Origen Manufactured Housing Conract Trust Collateralized Notes, Series 2005-B

Origen Manufactured Housing Contract Senior/Subordinate Asset-Backed Certificates, Series 2001-A

Cl. A-5, Downgraded from A2 to Caa2 on 3/30/2009; Changed to A2 on 4/3/2009.

Cl. A-6, Downgraded from A2 to Caa3 on 3/30/2009; Changed to B2 on 4/3/2009.

Cl. A-7, Downgraded from A2 to Caa2 on 3/30/2009; Changed to B1 on 4/3/2009.

UCFC Funding Corporation 1997-2

M, Downgraded from B2 to B3 on 3/30/2009; Changed to B2 on 4/3/2009.

UCFC Funding Corporation 1997-3

A-4, Downgraded from Baa2 to Ba3 on 3/30/2009; Changed to Baa2 on 4/3/2009.

M, Downgraded from Ca to C on 3/30/2009; Changed to Ca on 4/3/2009.

UCFC Funding Corporation 1997-4

A-4, Downgraded from B1 to Ca on 3/30/2009; Changed to B1 on 4/3/2009.

UCFC Funding Corporation 1998-1

A-3, Downgraded from Baa3 to Caa3 on 3/30/2009; Changed to Baa3 on 4/3/2009.

M, Downgraded from Ca to C on 3/30/2009; Changed to Ca on 4/3/2009.

UCFC Funding Corporation 1998-2

A-4, Downgraded from Ba2 to Caa3 on 3/30/2009; Changed to B1 on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 1997-A

I A-6, Downgraded from Aa2 to Aa3 on 3/30/2009; Changed to Aa2 placed on review for possible downgrade on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 1997-B

I A-6, Downgraded from Aa3 to A3 on 3/30/2009; Changed to A1 on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 1997-C

I A-6, Downgraded from Aa3 to A2 on 3/30/2009; Changed to Aa3 placed on review for possible downgrade on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 1997-D

I A-6, Downgraded from Aa3 to A2 on 3/30/2009; Changed to Aa3 placed on review for possible downgrade on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 1998-A

I A-6, Downgraded from Aa3 to A1 on 3/30/2009; Changed to Aa3 on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 1998-B

I A-6, Downgraded from Aa3 to A1 on 3/30/2009; Changed to Aa3 placed on review for possible downgrade on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 1999-A

IA-6, Downgraded from Aa3 to A3 on 3/30/2009; Changed to A2 on 4/3/2009.

IM-1, Downgraded from A2 to Ba2 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 1999-D

Cl. IIA-1, Downgraded from Aaa to Aa2 on 3/30/2009; Changed to Aaa placed on review for possible downgrade on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 2000-B

Cl. IM-1, Downgraded from A2 to Ba1 on 3/30/2009; Changed to Baa2 on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 2000-C

Cl. M-1, Downgraded from A2 to Baa1 on 3/30/2009; Changed to A3 on 4/3/2009.

Vanderbilt Mortgage and Finance Inc. 2001-A

Cl. M-1, Downgraded from A2 to Baa3 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Cl. B-1, Downgraded from Baa2 to Ba2 on 3/30/2009; Changed to Baa2 placed on review for possible downgrade on 4/3/2009.

Vanderbilt Mortgage and Finance, Inc. 2002-C

Cl. B-1, Downgraded from Baa2 to Ca on 3/30/2009; Changed to Baa2 on 4/3/2009.

Vanderbilt Mortgage and Finance, Inc. Series 2001-B

Cl. M-1, Downgraded from A2 to Baa2 on 3/30/2009; Changed to Baa1 on 4/3/2009.

Cl. B-1, Downgraded from Baa2 to Baa3 on 3/30/2009; Changed to Baa2 placed on review for possible downgrade on 4/3/2009.

Vanderbilt Mortgage and Finance, Inc. Series 2001-C

Cl. M-1, Downgraded from A2 to Baa1 on 3/30/2009; Changed to A2 placed on review for possible downgrade on 4/3/2009.

Vanderbilt Mortgage and Finance, Inc. Series 2002-A

Cl. M-1, Downgraded from A2 to Ba1 on 3/30/2009; Changed to Baa2 on 4/3/2009.

Cl. B-1, Downgraded from Baa2 to Ba3 on 3/30/2009; Changed to Baa3 on 4/3/2009.

Vanderbilt Mortgage and Finance, Inc. Series 2002-B

Cl. M-1, Downgraded from A2 to A3 on 3/30/2009; Changed to A2 placed on review for possible downgrade on 4/3/2009.

Cl. B-1, Downgraded from Baa2 to Ba1 on 3/30/2009; Changed to Baa2 placed on review for possible downgrade on 4/3/2009.

The updated press release is as follows:

New York, March 30, 2009 -- Moody's Investors Service has downgraded the ratings of 149 tranches and placed the ratings of 29 tranches on review for downgrade, connected with 86 transactions, and upgraded the rating of 1 tranche. Underlying securities' collateral consists of manufactured housing (MH) loans.

The ratings on the securities were monitored by evaluating factors Moody's determined to be essential in the analysis of securities backed by such loans. The salient factors include: i) the nature, sufficiency, and quality of historical loan performance information, ii) the collateral composition and pool credit performance including loan delinquency and loss data, iii) the transaction's capital structure and related allocations of collateral cash flows and losses, and iv) a comparison of current credit enhancement levels to updated Moody's pool loss projections based on present collateral credit performance.

When analyzing underlying ratings for MH transactions, Moody's projects cumulative losses for each deal based on a collateral analysis of the deal's Constant Prepayment Rate (CPR) and Constant Default Rate (CDR).

CPR - CPR is based on the average of the last six months 1-month CPR.

CDR - There are three approaches for determining pool CDR. The first approach calculates CDR based on pool loan losses from the previous twelve months, i.e. recent losses. A second approach is based on pipeline defaults -- derived from days-aged delinquencies and Moody's assumptions for default based on days delinquent or REO. The third approach calculates the default to liquidation which linearly extrapolates future losses based on the current cumulative loss given the current pool factor. Moody's assumes 85% severity for manufactured homes at an expected case. After CDR is calculated using the three methods, the effective CDR for loss projection purposes is determined by using a weighted average of the CDRs with weightings determined on a transaction by transaction basis. Moody's will project future CDR rates based on delinquency and loss trends. For the actions noted above, in most cases, Moody's has assumed that CDR will remain constant over the life of each deal. A sudden reversal in the existing trend of projected defaults and losses is not anticipated for these deals as they are well seasoned.

Based on calculated CPR and CDR, Moody's calculates projected deal-specific cumulative losses and the weighted average life of the deal. The credit enhancement calculation may also include credit for excess spread, i.e. the aggregate, positive difference in the weighted average loan coupon and the all-inclusive securities' interest and deal fees, including servicing. Excess spread benefit is calculated by multiplying the stressed annualized excess spread by the weighted average life of the deal. Aggregate credit enhancement which combines subordination benefit (including overcollateralization and/or reserve accounts) and support from letters of credit or guarantees and excess spread benefit, is compared with projected cumulative losses for the deal to derive coverage multiples and associated ratings by tranche. Moody's will analyze tranche coverage multiples after consideration of tranche-specific loss allocation and timing of principal repayment.

Methodologies and factors that may have been considered in the process of rating this issue can be found at www.moodys.com in the Rating Methodology & Performance directory.

Complete Rating Action are as follows;

Access Financial MH Contract Trust 1995-1

B-1, Downgraded to Caa2; previously on 3/22/2005 Downgraded to B2

Access Financial MH Contract Trust 1996-1

A-5, Currently Aaa, placed on review for possible downgrade; previously on 5/29/1996 Assigned Aaa

A-6, Downgraded to Ba2; previously on 3/22/2005 Downgraded to A1

Associates Manufactured Housing 1996-1

B-1, Downgraded to A3; previously on 11/15/2001 Upgraded to Aa1

Associates Manufactured Housing 1997-1

B-1, Downgraded to A3; previously on 11/15/2001 Upgraded to Aa1

Associates Manufactured Housing 1997-2

A-6, Currently Aaa, placed on review for possible downgrade; previously on 9/24/1997 Assigned Aaa

B-1, Downgraded to A3; previously on 11/15/2001 Upgraded to Aa1

B-2, Downgraded to A3; previously on 11/15/2001 Upgraded to Aa1

M, Downgraded to A2; previously on 12/16/2004 Downgraded to A1

BCMSC Trust 1999-A

A-2, Downgraded to B3; previously on 7/28/2004 Downgraded to B1

A-3, Downgraded to B3; previously on 7/28/2004 Downgraded to B1

A-4, Downgraded to B3; previously on 7/28/2004 Downgraded to B1

A-5, Downgraded to B3; previously on 7/28/2004 Downgraded to B1

BCMSC Trust 2001-A

Cl. M-1, Downgraded to Ca; previously on 7/28/2004 Downgraded to Caa3

Bombardier Capital Mortgage Sec Corp 1998-A

B-1, Downgraded to C; previously on 7/28/2004 Downgraded to Ca

M, Downgraded to Ca; previously on 7/28/2004 Downgraded to Ba2

Bombardier Capital Mortgage Sec Corp 1998-B

A, Downgraded to Caa1; previously on 7/28/2004 Downgraded to B2

C-BASS Series 2006-MH1 Trust

Cl. AF-2, Currently Aaa, placed on review for possible downgrade; previously on 9/15/2006 Assigned Aaa

Cl. AF-3, Currently Aaa, placed on review for possible downgrade; previously on 9/15/2006 Assigned Aaa

Cl. AF-4, Currently Aaa, placed on review for possible downgrade; previously on 9/15/2006 Assigned Aaa

Cl. B-1, Downgraded to Ca; previously on 9/15/2006 Assigned Baa2

Cl. B-2, Downgraded to C; previously on 9/15/2006 Assigned Ba2

Cl. B-3, Downgraded to C; previously on 9/15/2006 Assigned B2

Cl. M-1, Downgraded to A1; previously on 9/15/2006 Assigned Aa2

Cl. M-2, Downgraded to Ba2; previously on 9/15/2006 Assigned A2

CIT Group Securitization Corp II MH 1995-1

A-5, Downgraded to Baa2 and Placed Under Review for Possible Downgrade; previously on 9/28/2004 Downgraded to A2

CIT Group Securitization Corp II MH 1995-2

B, Downgraded to Ca; previously on 9/28/2004 Downgraded to Ba1

Conseco Finance Securitization Corp 2002-2

Class B-1, Downgraded to C; previously on 8/2/2006 Downgraded to Ca

Class M-2, Downgraded to Ca; previously on 8/2/2006 Downgraded to Caa1

Conseco Finance Securitizations Corp 2000-1

Cl. A-5, Downgraded to Ca; previously on 8/31/2004 Downgraded to Caa1

Conseco Finance Securitizations Corp 2000-2

Cl. A-5, Downgraded to Ca; previously on 8/31/2004 Downgraded to Caa1

Cl. A-6, Downgraded to Ca; previously on 8/31/2004 Downgraded to Caa1

Conseco Finance Securitizations Corp 2000-3

Cl. A-1, Downgraded to Ca; previously on 8/31/2004 Downgraded to Caa1

Conseco Finance Securitizations Corp 2000-4

Cl. A-5, Downgraded to Ca; previously on 8/31/2004 Downgraded to Caa1

Cl. A-6, Downgraded to Ca; previously on 8/31/2004 Downgraded to Caa1

Conseco Finance Securitizations Corp 2000-5

Cl. A-6, Downgraded to Ca; previously on 8/31/2004 Downgraded to Caa1

Cl. A-7, Downgraded to Ca; previously on 8/31/2004 Downgraded to Caa1

Conseco Finance Securitizations Corp 2000-6

Cl. A-5, Downgraded to Caa1; previously on 8/2/2006 Downgraded to B3

Class A-4, Currently B1, placed on review for possible downgrade; previously on 8/2/2006 Downgraded to B1

Conseco Finance Securitizations Corp 2002-1

Class M-2, Downgraded to Ca; previously on 8/2/2006 Downgraded to Caa2

CSFB ABS Trust Manufactured Housing Pass-Thru 2001-MH29

Cl. B-1, Downgraded to Ca; previously on 12/5/2001 Assigned Baa2

Cl. B-2, Downgraded to Baa2 and Placed Under Review for Possible Downgrade; previously on 12/5/2001 Assigned A2

Cl. M-1, Currently Aa2, placed under review for possible downgrade; previously on 12/5/2001 Assigned Aa2

Cl. M-2, Downgraded to Baa3; previously on 12/5/2001 Assigned A2

CSFB ABS Trust Series 2002-MH3

Cl. A, Currently Aaa, placed on review for possible downgrade; previously on 5/6/2002 Assigned Aaa

Cl. B-1, Downgraded to C; previously on 6/9/2006 Downgraded to Ba3

Cl. B-2, Downgraded to Baa2 and Placed Under Review for Possible Downgrade; previously on 5/6/2002 Assigned A2

Cl. M-1, Downgraded to A3; previously on 5/6/2002 Assigned Aa2

Cl. M-2, Downgraded to B2; previously on 6/9/2006 Downgraded to Baa2

Deutsche Financial Capital Sec LLC, 1997-I

Class M, Currently B3, placed on review for possible downgrade; previously on 4/8/2004 Downgraded to B3

Deutsche Financial Capital Sec LLC, 1998-I

Class M, Downgraded to Ca; previously on 4/8/2004 Downgraded to Caa2

Green Tree Financial Corporation MH 1995-06

B-1, Downgraded to Caa1; previously on 8/2/2006 Downgraded to B3

Green Tree Financial Corporation MH 1995-08

B-1, Downgraded to Caa1; previously on 12/29/2003 Downgraded to B3

Green Tree Financial Corporation MH 1995-10

B-1, Currently B3, placed under review for possible downgrade; previously on 12/29/2003 Downgraded to B3

Green Tree Financial Corporation MH 1996-01

B-1, Downgraded to Caa2; previously on 12/29/2003 Downgraded to B3

Green Tree Financial Corporation MH 1996-02

M-1, Currently B3, placed on review for possible downgrade; previously on 8/2/2006 Downgraded to B3

Green Tree Financial Corporation MH 1996-03

M-1, Downgraded to Caa3; previously on 8/2/2006 Downgraded to Caa2

Green Tree Financial Corporation MH 1996-04

M-1, Downgraded to Ca; previously on 8/2/2006 Downgraded to Caa2

Green Tree Financial Corporation MH 1996-06

M-1, Downgraded to Caa1; previously on 12/13/2004 Downgraded to B3

Green Tree Financial Corporation MH 1996-07

M-1, Downgraded to B3; previously on 12/13/2004 Downgraded to B1

Green Tree Financial Corporation MH 1996-08

M-1, Downgraded to Caa2; previously on 12/13/2004 Downgraded to B3

Green Tree Financial Corporation MH 1996-09

M-1, Downgraded to Caa1; previously on 12/13/2004 Downgraded to B2

Green Tree Financial Corporation MH 1997-01

M-1, Downgraded to Caa2; previously on 12/13/2004 Downgraded to B3

Green Tree Financial Corporation MH 1997-02

M-1, Downgraded to Ca; previously on 12/13/2004 Downgraded to Caa1

Green Tree Financial Corporation MH 1997-03

A-7, Downgraded from Baa1 to Ba1 on 3/30/2009; Changed to Baa1 on 4/3/2009

M-1, Downgraded to Ca; previously on 12/13/2004 Downgraded to Caa1

Green Tree Financial Corporation MH 1997-04

M-1, Downgraded to Ca; previously on 12/13/2004 Downgraded to B3

Green Tree Financial Corporation MH 1997-07

M-1, Downgraded to Caa3; previously on 8/2/2006 Downgraded to Caa2

Green Tree Financial Corporation MH 1998-01

M-1, Downgraded to Caa3; previously on 8/2/2006 Downgraded to Caa2

Green Tree Financial Corporation MH 1998-02

A-5, Downgraded to Ba1; previously on 12/13/2004 Downgraded to Baa3

Green Tree Financial Corporation MH 1998-07

M-1, Downgraded to Ca; previously on 8/2/2006 Downgraded to Caa3

Green Tree Financial Corporation MH 1998-08

M-1, Downgraded to Ca; previously on 8/2/2006 Downgraded to Caa3

Greenpoint Manufactured Housing Contract Trust 2001-1

Cl. I M-2, Downgraded to Baa3; previously on 3/30/2001 Assigned Aa3

Cl. II M-2, Downgraded to B1; previously on 3/30/2001 Assigned Aa3

IndyMac MH Contract 1997-1

A-2, Downgraded to Caa3; previously on 9/24/2004 Downgraded to B1

A-3, Downgraded to Caa3; previously on 9/24/2004 Downgraded to B1

A-4, Downgraded to Caa3; previously on 9/24/2004 Downgraded to B1

A-5, Downgraded to Caa3; previously on 9/24/2004 Downgraded to B1

A-6, Downgraded to Caa3; previously on 9/24/2004 Downgraded to B1

IndyMac MH Contract 1998-1

A-3, Downgraded to Ca; previously on 9/24/2004 Downgraded to B3

A-4, Downgraded to Ca; previously on 9/24/2004 Downgraded to B3

A-5, Downgraded to Ca; previously on 9/24/2004 Downgraded to B3

Mid-State Capital Corporation 2005-1 Trust

Cl. A, Downgraded to Ba1; previously on 12/20/2005 Assigned Aaa

Cl. B, Downgraded to Ca; previously on 12/20/2005 Assigned Baa2

Cl. M-1, Downgraded to B3; previously on 12/20/2005 Assigned Aa2

Cl. M-2, Downgraded to Ca; previously on 12/20/2005 Assigned A2

Mid-State Capital Corporation 2006-1 Trust

Cl. A, Downgraded to Ba3; previously on 11/13/2006 Assigned Aaa

Cl. B, Downgraded to Ca; previously on 11/13/2006 Assigned Baa2

Cl. M-1, Downgraded to Ca; previously on 11/13/2006 Assigned Aa2

Cl. M-2, Downgraded to Ca; previously on 11/13/2006 Assigned A2

Mid-State Trust VI

A-1, Downgraded to Aa3; previously on 6/11/1997 Assigned Aaa

A-2, Downgraded to Baa2; previously on 6/11/1997 Assigned Aa2

A-3, Downgraded to Ba1; previously on 6/11/1997 Assigned A2

A-4, Downgraded to Caa3; previously on 6/11/1997 Assigned Baa2

Mid-State Trust X

Cl. A-1, Downgraded to B1; previously on 11/20/2001 Assigned Aaa

Cl. A-2, Downgraded to B1; previously on 11/20/2001 Assigned Aaa

Cl. B, Downgraded to Ca; previously on 11/20/2001 Assigned Baa2

Cl. M-1, Downgraded to Caa1; previously on 11/20/2001 Assigned Aa2

Cl. M-2, Downgraded to Caa3; previously on 11/20/2001 Assigned A2

Mid-State Trust XI

Cl. A, Downgraded to Baa1; previously on 7/14/2003 Assigned Aaa

Cl. B, Downgraded to Ca; previously on 7/14/2003 Assigned Baa2

Cl. M-1, Downgraded to B3; previously on 7/14/2003 Assigned Aa2

Cl. M-2, Downgraded to Ca; previously on 7/14/2003 Assigned A2

Oakwood Mortgage Investors, Inc. 1997-D

M, Currently Ba3, placed on review for possible downgrade; previously on 3/25/2004 Downgraded to Ba3

Oakwood Mortgage Investors, Inc. 1998-A

M, Downgraded to Caa2; previously on 3/25/2004 Downgraded to Caa1

Oakwood Mortgage Investors, Inc. 1999-A

A-2, Currently Ba1, placed on review for possible downgrade; previously on 12/21/2004 Downgraded to Ba1

A-3, Currently Ba1, placed on review for possible downgrade; previously on 12/21/2004 Downgraded to Ba1

A-4, Currently Ba1, placed on review for possible downgrade; previously on 12/21/2004 Downgraded to Ba1

A-5, Currently Ba1, placed on review for possible downgrade; previously on 12/21/2004 Downgraded to Ba1

M-1, Downgraded to Ca; previously on 3/25/2004 Downgraded to Caa3

Oakwood Mortgage Investors, Inc. 1999-B

A-2, Downgraded to Caa2; previously on 3/25/2004 Downgraded to B3

A-3, Downgraded to Caa2; previously on 3/25/2004 Downgraded to B3

A-4, Downgraded to Caa2; previously on 3/25/2004 Downgraded to B3

Oakwood Mortgage Investors, Inc. 1999-D

A-1, Downgraded to Caa2; previously on 3/25/2004 Downgraded to Caa1

OMI Trust 2000-C

Cl. A-1, Downgraded to Caa2; previously on 12/21/2004 Downgraded to B2

OMI Trust 2000-D

Cl. A-4, Downgraded to C; previously on 12/21/2004 Downgraded to Caa3

OMI Trust 2001-B

Cl. A-2, Downgraded to B3; previously on 12/21/2004 Downgraded to Ba3

Cl. A-3, Downgraded to B3; previously on 12/21/2004 Downgraded to Ba3

Cl. A-4, Downgraded to B3; previously on 12/21/2004 Downgraded to Ba3

OMI Trust 2001-C

Cl. A-IO, Downgraded to Ca; previously on 12/21/2004 Downgraded to Caa3

OMI Trust 2001-D

Cl. A-1, Downgraded to Ca; previously on 12/21/2004 Downgraded to B2

Cl. A-2, Downgraded to Ca; previously on 12/21/2004 Downgraded to B2

Cl. A-3, Downgraded to Ca; previously on 12/21/2004 Downgraded to B2

Cl. A-4, Downgraded to Ca; previously on 12/21/2004 Downgraded to B2

Cl. A-IO, Downgraded to Ca; previously on 12/21/2004 Downgraded to B1

OMI Trust 2001-E

Cl. A-1, Downgraded to Caa3; previously on 12/21/2004 Downgraded to B3

Cl. A-2, Downgraded to Caa3; previously on 12/21/2004 Downgraded to B3

Cl. A-3, Downgraded to Caa3; previously on 12/21/2004 Downgraded to B3

Cl. A-4, Downgraded to Caa3; previously on 12/21/2004 Downgraded to B3

Cl. A-IO, Downgraded to Caa3; previously on 12/21/2004 Downgraded to B2

OMI Trust 2002-A

Cl. A-1, Downgraded to B3; previously on 12/21/2004 Downgraded to B1

Cl. A-2, Downgraded to B3; previously on 12/21/2004 Downgraded to B1

Cl. A-3, Downgraded to B3; previously on 12/21/2004 Downgraded to B1

Cl. A-4, Downgraded to B3; previously on 12/21/2004 Downgraded to B1

Cl. A-IO, Downgraded to B3; previously on 3/25/2004 Downgraded to Ba3

Cl. M-1, Downgraded to C; previously on 3/25/2004 Downgraded to Ca

OMI Trust 2002-B

Cl. A-1, Downgraded to Caa1; previously on 12/21/2004 Downgraded to Ba2

Cl. A-2, Downgraded to Caa1; previously on 12/21/2004 Downgraded to Ba2

Cl. A-3, Downgraded to Caa1; previously on 12/21/2004 Downgraded to Ba2

Cl. A-4, Downgraded to Caa1; previously on 12/21/2004 Downgraded to Ba2

Cl. IO, Downgraded to Caa1; previously on 3/25/2004 Downgraded to Ba1

Cl. M-1, Downgraded to C; previously on 3/25/2004 Downgraded to Ca

OMI Trust 2002-C

Cl. A-1, Downgraded to Caa1; previously on 3/25/2004 Downgraded to Ba1

Cl. A-IO, Downgraded to Caa1; previously on 3/25/2004 Downgraded to Ba1

Cl. M-1, Downgraded to C; previously on 3/25/2004 Downgraded to Ca

Origen Manufactured Housing Contract Trust 2001-A

Cl. A-6, Downgraded to B2; previously on 9/7/2004 Downgraded to A2

Cl. A-7, Downgraded to B1; previously on 9/7/2004 Downgraded to A2

Cl. M-1, Downgraded to C; previously on 1/17/2007 Downgraded to B3

Origen Manufactured Housing Contract Trust 2002-A

Cl. B-1, Downgraded to Ca; previously on 9/7/2004 Downgraded to Caa3

Origen Manufactured Housing Contract Trust 2005-B

Cl. B-1, Downgraded to Baa3; previously on 12/21/2005 Assigned Baa2

Cl. B-2, Downgraded to Ba2; previously on 12/21/2005 Assigned Baa3

Signal Securitization Corp. MH 1998-2

Class A, Downgraded to Caa3; previously on 10/29/2004 Downgraded to B1

UCFC Funding Corporation 1997-4

M, Downgraded to C; previously on 9/28/2004 Downgraded to Ca

UCFC Funding Corporation 1998-2

A-4, Downgraded to B1; previously on 9/28/2004 Downgraded to Ba2

M-1, Downgraded to C; previously on 9/28/2004 Downgraded to Ca

Vanderbilt Mortgage and Finance Inc. 1997-A

I A-6, Currently Aa2, placed on review for possible downgrade; previously on 3/7/2005 Upgraded to Aa2

Vanderbilt Mortgage and Finance Inc. 1997-B

I A-6, Downgraded to A1; previously on 5/28/1997 Assigned Aa3

Vanderbilt Mortgage and Finance Inc. 1997-C

I A-6, Currently Aa3, placed on review for possible downgrade; previously on 8/29/1997 Assigned Aa3

Vanderbilt Mortgage and Finance Inc. 1997-D

I A-6, Currently Aa3, placed on review for possible downgrade; previously on 12/1/1997 Assigned Aa3

Vanderbilt Mortgage and Finance Inc. 1998-B

I A-6, Currently Aa3, placed on review for possible downgrade; previously on 5/27/1998 Assigned Aa3

Vanderbilt Mortgage and Finance Inc. 1999-A

IA-6, Downgraded to A2; previously on 2/26/1999 Assigned Aa3

IM-1, Downgraded to Baa1; previously on 2/26/1999 Assigned A2

Vanderbilt Mortgage and Finance Inc. 1999-D

Cl. IIA-1, Currently Aaa, placed on review for possible downgrade; previously on 11/30/1999 Assigned Aaa

Cl. IIB-4, Upgraded to Baa1; previously on 11/30/1999 Assigned Baa2

Vanderbilt Mortgage and Finance Inc. 2000-B

Cl. IA-5, Downgraded to A2; previously on 5/31/2000 Assigned Aa3

Cl. IM-1, Downgraded to Baa2; previously on 5/31/2000 Assigned A2

Vanderbilt Mortgage and Finance Inc. 2000-C

Cl. M-1, Downgraded to A3; previously on 8/29/2000 Assigned A2

Vanderbilt Mortgage and Finance Inc. 2001-A

Cl. A-5, Downgraded to A1; previously on 2/28/2001 Assigned Aa2

Cl. B-1, Currently Baa2, placed on review for possible downgrade; previously on 2/28/2001 Assigned Baa2

Cl. M-1, Downgraded to Baa1; previously on 2/28/2001 Assigned A2

Vanderbilt Mortgage and Finance, Inc. 2001-C

Cl. M-1, Currently A2, placed on review for possible downgrade; previously on 11/29/2001 Assigned A2

Vanderbilt Mortgage and Finance, Inc. 2001-B

Cl. A-5, Downgraded to Aa3; previously on 8/23/2001 Assigned Aa2

Cl. B-1, Currently Baa2, placed on review for possible downgrade; previously on 8/23/2001 Assigned Baa2

Cl. M-1, Downgraded to Baa1; previously on 8/23/2001 Assigned A2

Vanderbilt Mortgage and Finance, Inc. 2002-A

Cl. A-5, Downgraded to A2; previously on 2/26/2002 Assigned Aa2

Cl. B-1, Downgraded to Baa3; previously on 2/26/2002 Assigned Baa2

Cl. M-1, Downgraded to Baa2; previously on 2/26/2002 Assigned A2

Vanderbilt Mortgage and Finance, Inc. 2002-B

Cl. B-1, Currently Baa2, placed on review for possible downgrade; previously on 8/29/2002 Assigned Baa2

Cl. M-1, Currently A2, placed on review for possible downgrade; previously on 8/29/2002 Assigned A2

A list of these actions including CUSIP identifiers may be found at:

http://www.moodys.com/cust/getdocumentByNotesDocId.asp?criteria=PBS_SF161331

For more information please see www.moodys.com.

San Francisco
Eric Fellows
VP - Senior Credit Officer
Structured Finance Group
Moody's Investors Service
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

New York
John Park
Managing Director
Structured Finance Group
Moody's Investors Service
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653