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Rating Action:

Corrections to Text, September 17, 2008 Release: Moody's Places RMBS and ABS deals with Lehman Hedges on Review For Possible Downgrade

19 Dec 2008
Corrections to Text, September 17, 2008 Release: Moody's Places RMBS and ABS deals with Lehman Hedges on Review For Possible Downgrade

New York, December 19, 2008 -- Rating action for Access Group, Inc. Private Student Loan Asset-Backed Notes, Series 2005-B was omitted in the September 17, 2008 release. This deal was inadvertently excluded from the broad general press release.

The additional rating actions are as follows:

Issuer: Access Group, Inc. Private Student Loan Asset-Backed Notes, Series 2005-B

Cl. A-1 notes, current rating Aaa, on review possible downgrade

Cl. A-2 notes, current rating Aaa, on review possible downgrade

The updated press release is as follows:

On 15 September 2008, Lehman Brothers Holdings Inc ("LBHI") announced that it intends to file a petition under Chapter 11 of the U.S. Bankruptcy Code. Also, on 15 September, Moody's Investors Service downgraded the senior ratings of LBHI, and those of certain guaranteed subsidiaries, to B3 under Review for further downgrade from A2.

As a result of Lehman's bankruptcy and rating downgrade, Moody's has today placed the following RMBS and ABS ratings on review for possible downgrade:

Issuer: Access Group, Inc. Private Student Loan Asset-Backed Notes, Series 2005-B

Cl. A-1 notes, current rating Aaa, on review possible downgrade

Cl. A-2 notes, current rating Aaa, on review possible downgrade

Issuer: AmeriCredit Automobile Receivables Trust 2005-B-M

Cl. A-3, currently A2, on review for possible downgrade

Financial Guarantor: MBIA Insurance Corporation (A2, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently A3

Cl. A-4, currently A2, on review for possible downgrade

Financial Guarantor: MBIA Insurance Corporation (A2, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently A3

Issuer: AmeriCredit Automobile Receivables Trust 2007-B-F

Cl. A-2, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Cl. A-3a, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Cl. A-3b, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Cl. A-4, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Issuer: AmeriCredit Automobile Receivables Trust 2007-D-F

Cl. A-2a, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Cl. A-2b, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Cl. A-3a, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Cl. A-3b, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Cl. A-4a, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Cl. A-4b, currently Aaa, on review for possible downgrade

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Baa2

Issuer: CWALT, Inc. Mortgage Pass-Through Certificates, Series 2006-OC10

Cl. 1-A, Placed on Review for Possible Downgrade, currently Ba1

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A-2A, Placed on Review for Possible Downgrade, currently A1

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Ba2

Cl. 2-A-2B, Placed on Review for Possible Downgrade, currently Ba3

Issuer: CWALT, Inc. Mortgage Pass-Through Certificates, Series 2006-OC3

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-2, Placed on Review for Possible Downgrade, currently Baa1

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently A2

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Baa1

Cl. M-1, Placed on Review for Possible Downgrade, currently B3

Issuer: CWALT, Inc. Mortgage Pass-Through Certificates, Series 2006-OC6

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A, Placed on Review for Possible Downgrade, currently Ba1

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A-2A, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A-2B, Placed on Review for Possible Downgrade, currently Ba3

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Ba2

Issuer: CWALT, Inc. Mortgage Pass-Through Certificates, Series 2006-OC7

Cl. 1-A, Placed on Review for Possible Downgrade, currently Baa3

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A-2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2B, Placed on Review for Possible Downgrade, currently Ba2

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Ba1

Issuer: CWALT, Inc. Mortgage Pass-Through Certificates, Series 2006-OC8

Cl. 1-A-1, Placed on Review for Possible Downgrade, currently Baa2

Cl. 1-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-3, Placed on Review for Possible Downgrade, currently Baa3

Cl. 2-A-1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-1C, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-1D, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-1E, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2C, Placed on Review for Possible Downgrade, currently Ba2

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Ba1

Issuer: CWALT, Inc. Mortgage Pass-Through Certificates, Series 2007-OH2

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-1-B, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-2-B, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-3, Placed on Review for Possible Downgrade, currently Baa2

Cl. M-1, Placed on Review for Possible Downgrade, currently Ba1

Cl. M-2, Placed on Review for Possible Downgrade, currently Ba2

Cl. M-3, Placed on Review for Possible Downgrade, currently Ba3

Cl. M-4, Placed on Review for Possible Downgrade, currently B1

Issuer: CWALT, Inc. Mortgage Pass-Through Certificates, Series 2007-OH3

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-1-B, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-3, Placed on Review for Possible Downgrade, currently Baa3

Cl. M-1, Placed on Review for Possible Downgrade, currently Ba3

Cl. M-2, Placed on Review for Possible Downgrade, currently B1

Issuer: GreenPoint Mortgage Funding Trust 2006-AR5

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A2U, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A2U, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently A1

Cl. M2, Placed on Review for Possible Downgrade, currently Baa3

Cl. M3, Placed on Review for Possible Downgrade, currently B2

Issuer: GreenPoint Mortgage Funding Trust 2006-AR6

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1AU, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A2U, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2BU, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3BU, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently A1

Cl. M2, Placed on Review for Possible Downgrade, currently Baa3

Cl. M3, Placed on Review for Possible Downgrade, currently Ba3

Issuer: GreenPoint Mortgage Funding Trust 2006-AR7

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3B, Placed on Review for Possible Downgrade, currently Aaa

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently A1

Cl. M2, Placed on Review for Possible Downgrade, currently Baa3

Cl. M3, Placed on Review for Possible Downgrade, currently Ba3

Issuer: GreenPoint Mortgage Funding Trust 2006-AR8

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aaa

Cl. M2, Placed on Review for Possible Downgrade, currently Baa1

Cl. M3, Placed on Review for Possible Downgrade, currently Ba3

Cl. M4, Placed on Review for Possible Downgrade, currently B1

Issuer: Greenpoint Mortgage Funding Trust 2007-AR1

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1-I, Placed on Review for Possible Downgrade, currently Aa1

Cl. M2-I, Placed on Review for Possible Downgrade, currently A3

Cl. M3-I, Placed on Review for Possible Downgrade, currently Ba2

Cl. M4-I, Placed on Review for Possible Downgrade, currently Ba3

Cl. M1-II, Placed on Review for Possible Downgrade, currently Aa1

Cl. M2-II, Placed on Review for Possible Downgrade, currently A2

Cl. M3-II, Placed on Review for Possible Downgrade, currently Baa1

Cl. M4-II, Placed on Review for Possible Downgrade, currently Baa3

Cl. M5-II, Placed on Review for Possible Downgrade, currently Ba2

Issuer: Impac Secured Assets Corp. Mortgage Pass-Through Certificates, Series 2007-3

Cl. A1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A1-B, Placed on Review for Possible Downgrade, currently Aaa

Cl. A1-C, Placed on Review for Possible Downgrade, currently Aaa

Cl. AM, currently Aa3

Financial Guarantor: Ambac Assurance Corporation (Aa3, negative outlook)

Underlying Rating: Placed on Review for Possible Downgrade, currently Ba2

Issuer: IndyMac INDX Mortgage Loan Trust 2006-AR14

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently Ba1

Cl. 1-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3B, Placed on Review for Possible Downgrade, currently Ba1

Cl. 1-A4A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1AU, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2AU, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3AU, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3BU, Placed on Review for Possible Downgrade, currently Ba1

Cl. 1-A4AU, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Baa3

Cl. 2-AX, Placed on Review for Possible Downgrade, currently Baa3

Cl. M-1, Placed on Review for Possible Downgrade, currently B1

Issuer: IndyMac INDX Mortgage Loan Trust 2006-AR8

Cl. A2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. A2-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A2-B, Placed on Review for Possible Downgrade, currently Aaa

Cl. A3-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A4-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A3-B, Placed on Review for Possible Downgrade, currently A1

Cl. A4-B, Placed on Review for Possible Downgrade, currently A1

Cl. M-1, Placed on Review for Possible Downgrade, currently Ba2

Issuer: Lehman Mortgage Trust 2005-2

Cl. AP, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A7, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1(1-3), Placed on Review for Possible Downgrade, currently A2

Cl. B2(1-3), Placed on Review for Possible Downgrade, currently A3

Cl. B3(1-3), Placed on Review for Possible Downgrade, currently Ba1

Cl. B4(1-3), Placed on Review for Possible Downgrade, currently Ba3

Issuer: Lehman Mortgage Trust 2005-3

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A6, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A7, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A8, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A9, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A2, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A3, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A4, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A5, Placed on Review for Possible Downgrade, currently Aa1

Financial Guarantor: MBIA Insurance Corporation (A2, negative outlook)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A6, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A7, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A8, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A9, Placed on Review for Possible Downgrade, currently Aa1

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A10, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A11, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A12, Placed on Review for Possible Downgrade, currently Aa2

Cl. AP, Placed on Review for Possible Downgrade, currently Aa1

Cl. B1, Placed on Review for Possible Downgrade, currently Baa1

Cl. B2, Placed on Review for Possible Downgrade, currently Baa3

Cl. B3, Placed on Review for Possible Downgrade, currently B1

Cl. B4, Placed on Review for Possible Downgrade, currently B2

Issuer: Lehman Mortgage Trust 2006-1

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A6, Placed on Review for Possible Downgrade, currently Aa1

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A2, Placed on Review for Possible Downgrade, currently Aa1

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. AP, Placed on Review for Possible Downgrade, currently Aaa

Cl. AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1, Placed on Review for Possible Downgrade, currently Aa2

Cl. B2, Placed on Review for Possible Downgrade, currently Baa1

Cl. B3, Placed on Review for Possible Downgrade, currently B1

Issuer: Lehman Mortgage Trust 2006-3

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A5, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A6, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A7, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A8, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A9, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A10, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A11, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A12, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A13, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A1, Placed on Review for Possible Downgrade, currently A1

Cl. 2-A2, Placed on Review for Possible Downgrade, currently A1

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. M, Placed on Review for Possible Downgrade, currently Ba3

Issuer: Lehman Mortgage Trust 2006-7

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A5, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A6, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A7, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A8, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A9, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A10, Placed on Review for Possible Downgrade, currently Aa3

Cl. AP, Placed on Review for Possible Downgrade, currently Aa3

Cl. AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A3, Placed on Review for Possible Downgrade, currently A1

Cl. 2-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A6, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A7, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A8, Placed on Review for Possible Downgrade, currently A1

Cl. 2-A9, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A10, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A11, Placed on Review for Possible Downgrade, currently A1

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A4, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A5, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A6, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A7, Placed on Review for Possible Downgrade, currently Aa3

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aa3

Cl. 4-A2, Placed on Review for Possible Downgrade, currently Aa3

Cl. 5-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A3, Placed on Review for Possible Downgrade, currently A1

Cl. 5-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A5, Placed on Review for Possible Downgrade, currently A1

Cl. 5-A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A7, Placed on Review for Possible Downgrade, currently A1

Cl. M, Placed on Review for Possible Downgrade, currently Ba3

Issuer: Lehman Mortgage Trust 2007-5

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A7, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A8, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A9, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A10, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A11, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A12, Placed on Review for Possible Downgrade, currently Aa1

Cl. AX1, Placed on Review for Possible Downgrade, currently Aaa

Cl. AX2, Placed on Review for Possible Downgrade, currently Aaa

Cl. AP2, Placed on Review for Possible Downgrade, currently Aaa

Cl. PO1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1M, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A4, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2B1, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2B2, Placed on Review for Possible Downgrade, currently Ba1

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A7, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A8, Placed on Review for Possible Downgrade, currently Aa1

Cl. 3-A9, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A10, Placed on Review for Possible Downgrade, currently Aa1

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 6-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A5, Placed on Review for Possible Downgrade, currently Aa1

Cl. 8-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 8-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 8-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 8-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 8-A5, Placed on Review for Possible Downgrade, currently Aa1

Issuer: Lehman XS Trust 2006-17

Cl. 1-A1, Placed on Review for Possible Downgrade, currently A2

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Baa1

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Baa1

Cl. 1-A4A, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A4B, Placed on Review for Possible Downgrade, currently Baa1

Cl. 1-AIO, Placed on Review for Possible Downgrade, currently Aa2

Cl. WF-1-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. WF-1-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. WF-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. WF-3-1, Placed on Review for Possible Downgrade, currently Aa2

Financial Guarantor: MBIA Insurance Corporation (A2, negative outlook)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aa2

Cl. WF-3-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. WF-3-3, Placed on Review for Possible Downgrade, currently Aa3

Cl. WF-4-1, Placed on Review for Possible Downgrade, currently Aa2

Financial Guarantor: MBIA Insurance Corporation (A2, negative outlook)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aa2

Cl. WF-4-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. WF-5, Placed on Review for Possible Downgrade, currently Aa3

Cl. WF-6-1, Placed on Review for Possible Downgrade, currently Aa3

Financial Guarantor: MBIA Insurance Corporation (A2, negative outlook)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aa3

Cl. WF-6-2, Placed on Review for Possible Downgrade, currently Aa3

Cl. WF-M1, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Lehman XS Trust 2006-19

Cl. A1, Placed on Review for Possible Downgrade, currently Aa1

Cl. A2, Placed on Review for Possible Downgrade, currently Baa1

Cl. A3, Placed on Review for Possible Downgrade, currently Baa1

Cl. A4, Placed on Review for Possible Downgrade, currently A3

Issuer: Lehman XS Trust Series 2005-1

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AIO, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. 3-M2, Placed on Review for Possible Downgrade, currently A2

Cl. 3-M3, Placed on Review for Possible Downgrade, currently Baa3

Cl. M1, Placed on Review for Possible Downgrade, currently A1

Cl. M2, Placed on Review for Possible Downgrade, currently Ba1

Issuer: Lehman XS Trust Series 2005-10

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Ba1

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A4, Placed on Review for Possible Downgrade, currently A1

Cl. 1-A5, currently Ba2

Financial Guarantor: CIFG (Ba2)

Underlying Rating: Placed on Review for Possible Downgrade, currently Ba2

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A3A, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A3B, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A4A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A4B, Placed on Review for Possible Downgrade, currently A1

Cl. 2-A5A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A5B, Placed on Review for Possible Downgrade, currently A1

Cl. 2-M1, Placed on Review for Possible Downgrade, currently Baa1

Cl. 2-M2, Placed on Review for Possible Downgrade, currently Baa3

Cl. 2-M3, Placed on Review for Possible Downgrade, currently B3

Issuer: Lehman XS Trust Series 2005-6

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2C, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A4A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A4B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-M1, Placed on Review for Possible Downgrade, currently A1

Cl. 3-M2, Placed on Review for Possible Downgrade, currently Ba2

Cl. M1, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Lehman XS Trust Series 2005-9N

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, currently Aa3

Financial Guarantor: Ambac Assurance Corporation (Aa3, negative outlook)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, currently Aa3

Financial Guarantor: Ambac Assurance Corporation (Aa3, negative outlook)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aa3

Cl. M1, Placed on Review for Possible Downgrade, currently A3

Cl. M2, Placed on Review for Possible Downgrade, currently Ba1

Cl. M3, Placed on Review for Possible Downgrade, currently B1

Issuer: Lehman XS Trust Series 2006-12N

Cl. 1-A1A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A1B, Placed on Review for Possible Downgrade, currently A2

Cl. 1-A3A2B, Placed on Review for Possible Downgrade, currently A2

Cl. 1-A3A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2B, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A4A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4B, Placed on Review for Possible Downgrade, currently A2

Cl. 2-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1B, Placed on Review for Possible Downgrade, currently A2

Cl. M1, Placed on Review for Possible Downgrade, currently Ba2

Issuer: Lehman XS Trust Series 2006-13

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A5, Placed on Review for Possible Downgrade, currently B2

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Ba2

Issuer: Lehman XS Trust Series 2006-15

Cl. A1, Placed on Review for Possible Downgrade, currently Aa1

Cl. A2, Placed on Review for Possible Downgrade, currently Aa2

Cl. A3, Placed on Review for Possible Downgrade, currently Aa2

Cl. A4, Placed on Review for Possible Downgrade, currently Aa1

Cl. A5, Placed on Review for Possible Downgrade, currently B2

Issuer: Lehman XS Trust Series 2006-16N

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2AU, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A31, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A32A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A32A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A31U, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A32A1U, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A32B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4C, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently A3

Cl. M2, Placed on Review for Possible Downgrade, currently B1

Issuer: Lehman XS Trust Series 2006-18N

Cl. A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A1B, Placed on Review for Possible Downgrade, currently A2

Cl. AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A3, Placed on Review for Possible Downgrade, currently A1

Cl. A4, Placed on Review for Possible Downgrade, currently A1

Cl. A5A, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently A3

Cl. M2, Placed on Review for Possible Downgrade, currently B1

Issuer: Lehman XS Trust Series 2006-8

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently A1

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A3, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A4A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A4B, Placed on Review for Possible Downgrade, currently A1

Cl. 3-A1A, Placed on Review for Possible Downgrade, currently Aa1

Cl. 3-A1B, Placed on Review for Possible Downgrade, currently Aa1

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aa2

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A4, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A5, Placed on Review for Possible Downgrade, currently A1

Cl. M1, Placed on Review for Possible Downgrade, currently Baa2

Cl. M2, Placed on Review for Possible Downgrade, currently Ba3

Issuer: Lehman XS Trust Series 2007-2N

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently A1

Cl. 1-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-AX, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aa2

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aa3

Cl. 3-AX, Placed on Review for Possible Downgrade, currently Aa3

Cl. M1, Placed on Review for Possible Downgrade, currently Baa1

Cl. M2, Placed on Review for Possible Downgrade, currently Ba3

Cl. M3, Placed on Review for Possible Downgrade, currently B1

Issuer: Lehman XS Trust Series 2007-4N

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2B, Placed on Review for Possible Downgrade, currently A1

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aa3

Cl. 1-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AP, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-AX, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-AP, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2B, Placed on Review for Possible Downgrade, currently A1

Cl. 3-AC, Placed on Review for Possible Downgrade, currently A1

Cl. 3-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AP, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently A3

Cl. M2, Placed on Review for Possible Downgrade, currently Ba2

Cl. M3, Placed on Review for Possible Downgrade, currently B1

Issuer: RALI Series 2006-QO8 Trust

Cl. I-A1A, Placed on Review for Possible Downgrade, currently A2

Cl. I-A1AU, Placed on Review for Possible Downgrade, currently A2

Cl. I-A1B, Placed on Review for Possible Downgrade, currently Ba3

Cl. I-A2A, Placed on Review for Possible Downgrade, currently A3

Cl. I-A2AU, Placed on Review for Possible Downgrade, currently A3

Cl. I-A3A, Placed on Review for Possible Downgrade, currently Aaa

Cl. I-A3B, Placed on Review for Possible Downgrade, currently Ba3

Cl. I-A4A, Placed on Review for Possible Downgrade, currently A3

Cl. I-A4B, Placed on Review for Possible Downgrade, currently Ba3

Cl. I-A5A, Placed on Review for Possible Downgrade, currently A3

Cl. I-A5AU, Placed on Review for Possible Downgrade, currently A3

Cl. I-AX, Placed on Review for Possible Downgrade, currently A2

Cl. II-A, Placed on Review for Possible Downgrade, currently Ba1

Cl. II-AX, Placed on Review for Possible Downgrade, currently Ba1

Issuer: RALI Series 2006-QO9 Trust

Cl. AXP, Placed on Review for Possible Downgrade, currently Aa3

Cl. I-A1A, Placed on Review for Possible Downgrade, currently Aa3

Cl. I-A1B, Placed on Review for Possible Downgrade, currently Ba2

Cl. I-A1BU, Placed on Review for Possible Downgrade, currently Ba2

Cl. I-A2A, Placed on Review for Possible Downgrade, currently A1

Cl. I-A2AU, Placed on Review for Possible Downgrade, currently A1

Cl. I-A3A, Placed on Review for Possible Downgrade, currently A1

Cl. I-A3AU, Placed on Review for Possible Downgrade, currently A1

Cl. I-A3B, Placed on Review for Possible Downgrade, currently Ba2

Cl. I-A3BU, Placed on Review for Possible Downgrade, currently Ba2

Cl. I-A4A, Placed on Review for Possible Downgrade, currently A1

Cl. I-A4AU, Placed on Review for Possible Downgrade, currently A1

Cl. II-A, Placed on Review for Possible Downgrade, currently Ba1

Issuer: Residential Asset Securitization Trust 2006-A15

Cl. A-10, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-1

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 6-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 6-AX, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-10

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-12

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 6-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 8-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 9-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1, Placed on Review for Possible Downgrade, currently Aa2

Cl. B1-X, Placed on Review for Possible Downgrade, currently Aa2

Cl. B3, Placed on Review for Possible Downgrade, currently A2

Cl. B3-X, Placed on Review for Possible Downgrade, currently A2

Cl. B5, Placed on Review for Possible Downgrade, currently Baa2

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-14

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 6-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1, Placed on Review for Possible Downgrade, currently Aa2

Cl. B1-X, Placed on Review for Possible Downgrade, currently Aa2

Cl. B3, Placed on Review for Possible Downgrade, currently A2

Cl. B3-X, Placed on Review for Possible Downgrade, currently A2

Cl. B5, Placed on Review for Possible Downgrade, currently Baa2

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-18

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M, Placed on Review for Possible Downgrade, currently Aa1

Cl. MX, Placed on Review for Possible Downgrade, currently Aa1

Cl. B1, Placed on Review for Possible Downgrade, currently Aa2

Cl. B1X, Placed on Review for Possible Downgrade, currently Aa2

Cl. B3, Placed on Review for Possible Downgrade, currently A2

Cl. B3X, Placed on Review for Possible Downgrade, currently A2

Cl. B5, Placed on Review for Possible Downgrade, currently Baa2

Cl. B5X, Placed on Review for Possible Downgrade, currently Baa2

Cl. B6, Placed on Review for Possible Downgrade, currently Baa3

Cl. B6X, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-2

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-20

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1, Placed on Review for Possible Downgrade, currently Aa1

Cl. B1X, Placed on Review for Possible Downgrade, currently Aa1

Cl. B2, Placed on Review for Possible Downgrade, currently Aa2

Cl. B-2X, Placed on Review for Possible Downgrade, currently Aa2

Cl. B3, Placed on Review for Possible Downgrade, currently Aa3

Cl. B3X, Placed on Review for Possible Downgrade, currently Aa3

Cl. B5, Placed on Review for Possible Downgrade, currently A2

Cl. B5X, Placed on Review for Possible Downgrade, currently A2

Cl. B7, Placed on Review for Possible Downgrade, currently Baa2

Cl. B7X, Placed on Review for Possible Downgrade, currently Baa2

Cl. B8, Placed on Review for Possible Downgrade, currently Baa3

Cl. B8X, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-6

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 6-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2004-9XS

Cl. A, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2005-1

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 6-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1, Placed on Review for Possible Downgrade, currently Aa1

Cl. B1X, Placed on Review for Possible Downgrade, currently Aa1

Cl. B2, Placed on Review for Possible Downgrade, currently Aa2

Cl. B2X, Placed on Review for Possible Downgrade, currently Aa2

Cl. B3, Placed on Review for Possible Downgrade, currently Aa3

Cl. B3X, Placed on Review for Possible Downgrade, currently Aa3

Cl. B5, Placed on Review for Possible Downgrade, currently A3

Cl. B5X, Placed on Review for Possible Downgrade, currently A3

Cl. B7, Placed on Review for Possible Downgrade, currently Baa2

Cl. B7X, Placed on Review for Possible Downgrade, currently Baa2

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2007-2

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Baa1

Cl. 1-A3, Placed on Review for Possible Downgrade, currently B3

Issuer: Structured Adjustable Rate Mortgage Loan Trust 2007-4

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aa2

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Ba2

Cl. 1-AP, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Adjustable Rate Mortgage Loan Trust, Mortgage Pass-Through Certificates, Series 2006-11

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Structured Adjustable Rate Mortgage Loan Trust, Series 2008-1

Cl. A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. A1X, Placed on Review for Possible Downgrade, currently Aaa

Cl. A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A21, Placed on Review for Possible Downgrade, currently Aaa

Cl. A22, Placed on Review for Possible Downgrade, currently Aaa

Cl. AP, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Asset Securities Corp Trust 2003-37A

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A7, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A8, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 4-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-AX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 5-PAX, Placed on Review for Possible Downgrade, currently Aaa

Cl. 6-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 7-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 8-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 8-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1-I, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1-I-X, Placed on Review for Possible Downgrade, currently Aa2

Issuer: Structured Asset Securities Corp Trust 2004-23XS

Cl. 1-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2B, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A3A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3B, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A3C, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3D, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-AIO, Placed on Review for Possible Downgrade, currently Aaa

Cl. M2, Placed on Review for Possible Downgrade, currently A2

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M3, Placed on Review for Possible Downgrade, currently Baa2

Issuer: Structured Asset Securities Corp Trust 2005-9XS

Cl. 1-A1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A1B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2C, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A3A, Placed on Review for Possible Downgrade, currently Aaa

Financial Guarantor: Ambac Assurance Corporation (Aa3)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3B, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3C, Placed on Review for Possible Downgrade, currently Aa1

Cl. 1-A3D, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A3, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently A1

Cl. M2, Placed on Review for Possible Downgrade, currently Baa2

Cl. M3, Placed on Review for Possible Downgrade, currently Ba3

Cl. M4, Placed on Review for Possible Downgrade, currently B2

Issuer: Structured Asset Securities Corp Trust 2007-4

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2-B1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A2-B2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A2, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Structured Asset Securities Corporation 2005-GEL1

Cl. A, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A2

Cl. M3, Placed on Review for Possible Downgrade, currently Baa2

Cl. M4, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Wells Fargo Mortgage Backed Securities 2008-AR2 Trust

Cl. A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-IO, Placed on Review for Possible Downgrade, currently Aaa

Issuer: Access Group, Inc. Private Student Loan Asset-Backed Floating Rate Notes, Series 2007-A

2007-A-A-1, Placed on Review for Possible Downgrade, currently Aaa

2007-A-A-2, Placed on Review for Possible Downgrade, currently Aaa

2007-A-A-3, Placed on Review for Possible Downgrade, currently Aaa

2007-A-B, Placed on Review for Possible Downgrade, currently A3

Issuer: Access Group, Inc., Private Student Loan Asset-Backed Floating Rate Notes, Series 2005-A

2005-A-A-1, Placed on Review for Possible Downgrade, currently Aaa

2005-A-A-2, Placed on Review for Possible Downgrade, currently Aaa

2005-A-A-3, Placed on Review for Possible Downgrade, currently Aaa

2005-A-B-1, Placed on Review for Possible Downgrade, currently A3

Issuer: Aircraft Finance Trust. Series 1999-1

Class A-1, Placed on Review for Possible Down

grade, currently B1

Class A-2, Placed on Review for Possible Downgrade, currently Baa1

Issuer: Astrea LLC

Cl. A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. B-1, Placed on Review for Possible Downgrade, currently Aa2

Cl. B-2, Placed on Review for Possible Downgrade, currently Aa2

Issuer: LBSBC Net Interest Margin Notes, Series 2006-1

Cl. N1, Placed on Review for Possible Downgrade, currently Baa2

Cl. N2, Placed on Review for Possible Downgrade, currently Ba2

Cl. N3, Placed on Review for Possible Downgrade, currently B2

Issuer: LBSBC Net Interest Margin Notes, Series 2007-2

Cl. N1, Placed on Review for Possible Downgrade, currently Baa2

Cl. N2, Placed on Review for Possible Downgrade, currently Ba2

Cl. N3, Placed on Review for Possible Downgrade, currently B2

Issuer: LBSBC Net Interest Margin Securities, Series 2005-1

Class N3, Placed on Review for Possible Downgrade, currently B2

Issuer: LBSBC Net Interest Margin Securities, Series 2005-2

Cl. N1, Placed on Review for Possible Downgrade, currently Baa3

Cl. N2, Placed on Review for Possible Downgrade, currently Ba3

Cl. N3, Placed on Review for Possible Downgrade, currently B2

Issuer: LBSBC Net Interest Margin Securities, Series 2006-2

Cl. N1, Placed on Review for Possible Downgrade, currently Baa2

Cl. N2, Placed on Review for Possible Downgrade, currently Ba2

Cl. N3, Placed on Review for Possible Downgrade, currently B2

Issuer: LBSBC Net Interest Margin Securities, Series 2006-3

Cl. N1, Placed on Review for Possible Downgrade, currently Baa2

Cl. N2, Placed on Review for Possible Downgrade, currently Ba2

Cl. N3, Placed on Review for Possible Downgrade, currently B2

Issuer: Lehman Brothers Small Balance Commercial Mortgage Pass Through Certificates, Series 2005-2

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-IO, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A1

Cl. M3, Placed on Review for Possible Downgrade, currently A3

Cl. B, Placed on Review for Possible Downgrade, currently Baa2

Issuer: Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certficates, Series 2006-3

Cl. 1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A1

Cl. M3, Placed on Review for Possible Downgrade, currently A3

Cl. B, Placed on Review for Possible Downgrade, currently Baa2

Issuer: Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2005-1

Cl. A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-IO, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A2

Cl. B, Placed on Review for Possible Downgrade, currently Baa1

Issuer: Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2006-1

Cl. 1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A1

Cl. M3, Placed on Review for Possible Downgrade, currently A3

Cl. B, Placed on Review for Possible Downgrade, currently Baa2

Issuer: Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2006-2

Cl. 1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A1

Cl. M3, Placed on Review for Possible Downgrade, currently A3

Cl. B, Placed on Review for Possible Downgrade, currently Baa2

Issuer: Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2007-1

Cl. 1A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A1

Cl. M3, Placed on Review for Possible Downgrade, currently A3

Cl. M4, Placed on Review for Possible Downgrade, currently Baa2

Cl. B, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2007-2

Cl. 1A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A1

Cl. M3, Placed on Review for Possible Downgrade, currently A3

Cl. M4, Placed on Review for Possible Downgrade, currently Baa2

Cl. M5, Placed on Review for Possible Downgrade, currently Baa3

Cl. B, Placed on Review for Possible Downgrade, currently Ba1

Issuer: Lehman Brothers Small Balance Commercial Mortgage Pass-Through Certificates, Series 2007-3

Cl. 1A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. AJ, Placed on Review for Possible Downgrade, currently Aaa

Cl. AM, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A1

Cl. M3, Placed on Review for Possible Downgrade, currently A3

Cl. M4, Placed on Review for Possible Downgrade, currently Baa2

Cl. M5, Placed on Review for Possible Downgrade, currently Baa3

Cl. B, Placed on Review for Possible Downgrade, currently Ba1

Issuer: SLM Student Loan Trust 2004-1

Cl. A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-4, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-5, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-6, Placed on Review for Possible Downgrade, currently Aaa

Cl. B, Placed on Review for Possible Downgrade, currently Aa1

Issuer: SWIFT Master Auto Receivables Trust, Series 2007-1

Cl. A, Placed on Review for Possible Downgrade, currently Aaa

Cl. B, Placed on Review for Possible Downgrade, currently Aaa

Cl. C, Placed on Review for Possible Downgrade, currently Aaa

Cl. D, Placed on Review for Possible Downgrade, currently Aaa

Issuer: BNC Mortgage Loan Trust 2007-1

Cl. A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa3

Cl. M2, Placed on Review for Possible Downgrade, currently B1

Issuer: CWABS Asset-Backed Certificates Trust 2004-14

Cl. A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-4, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-5, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. M-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. M-3, Placed on Review for Possible Downgrade, currently Aa3

Issuer: CWABS Asset-Backed Certificates Trust 2005-15

Cl. 1-AF-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AF-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AF-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AF-4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AF-5, Placed on Review for Possible Downgrade, currently Aaa

Financial Guarantor: Financial Security Assurance Inc. (Aaa, on review for possible downgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AF-6, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-AV-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-AV-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. M-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. M-3, Placed on Review for Possible Downgrade, currently Aa3

Cl. M-4, Placed on Review for Possible Downgrade, currently A1

Cl. M-5, Placed on Review for Possible Downgrade, currently A2

Cl. M-6, Placed on Review for Possible Downgrade, currently A3

Cl. M-7, Placed on Review for Possible Downgrade, currently Baa1

Cl. M-8, Placed on Review for Possible Downgrade, currently Ba1

Issuer: CWABS Asset-Backed Certificates Trust 2005-AB5

Cl. 1-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-1M, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A-2M, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-3M, Placed on Review for Possible Downgrade, currently Aa3

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently Baa1

Cl. M-2, Placed on Review for Possible Downgrade, currently B1

Issuer: CWABS Asset-Backed Certificates Trust 2005-BC5

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Financial Guarantor: Syncora Guarantee (B2, on review for possible upgrade)

Underlying Rating: Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. M-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. M-3, Placed on Review for Possible Downgrade, currently Aa3

Cl. M-4, Placed on Review for Possible Downgrade, currently A1

Cl. M-5, Placed on Review for Possible Downgrade, currently A2

Cl. M-6, Placed on Review for Possible Downgrade, currently A3

Cl. M-7, Placed on Review for Possible Downgrade, currently Baa3

Issuer: CWABS Asset-Backed Certificates Trust 2006-13

Cl. 2-AV, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AV-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AV-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 3-AV-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. MV-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. MV-2, Placed on Review for Possible Downgrade, currently Baa1

Cl. MV-3, Placed on Review for Possible Downgrade, currently Ba2

Issuer: CWABS Asset-Backed Certificates Trust 2006-14

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Aa3

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently Baa3

Issuer: CWABS Asset-Backed Certificates Trust 2006-16

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently A1

Cl. M-1, Placed on Review for Possible Downgrade, currently Baa3

Issuer: CWABS Asset-Backed Certificates Trust 2006-19

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently A3

Issuer: CWABS Asset-Backed Certificates Trust 2006-22

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-4, Placed on Review for Possible Downgrade, currently Aa2

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently Baa3

Issuer: CWABS Asset-Backed Certificates Trust 2006-4

Cl. 1-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-1M, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. M-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. M-3, Placed on Review for Possible Downgrade, currently Aa3

Cl. M-4, Placed on Review for Possible Downgrade, currently A2

Cl. M-5, Placed on Review for Possible Downgrade, currently Ba1

Issuer: CWABS Asset-Backed Certificates Trust 2006-BC2

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-4, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. M-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. M-3, Placed on Review for Possible Downgrade, currently Aa3

Cl. M-4, Placed on Review for Possible Downgrade, currently A2

Cl. M-5, Placed on Review for Possible Downgrade, currently Baa3

Issuer: CWABS Asset-Backed Certificates Trust 2007-12

Cl. 1-A-1, Placed on Review for Possible Downgrade, currently Aaa

Issuer: CWABS Asset-Backed Certificates Trust 2007-6

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aa3

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently A1

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently A3

Cl. 2-A-4, Placed on Review for Possible Downgrade, currently Baa1

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently B1

Issuer: CWABS Asset-Backed Certificates Trust 2007-BC2

Cl. 1-A, Placed on Review for Possible Downgrade, currently A2

Cl. A-R, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. 2-A-3, Placed on Review for Possible Downgrade, currently Baa1

Cl. 2-A-4, Placed on Review for Possible Downgrade, currently Baa2

Cl. M-1, Placed on Review for Possible Downgrade, currently B1

Issuer: Encore Credit Corp. Series 2003-1

Cl. M1, Placed on Review for Possible Downgrade, currently Aa2

Cl. M2, Placed on Review for Possible Downgrade, currently A2

Issuer: Fremont Home Loan Trust 2006-E

Cl. 1-A1, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A3, Placed on Review for Possible Downgrade, currently Aa1

Cl. 2-A4, Placed on Review for Possible Downgrade, currently Aa3

Cl. M1, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-3

Cl. I-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. II-A-3, Placed on Review for Possible Downgrade, currently Aa3

Cl. II-A-4, Placed on Review for Possible Downgrade, currently A2

Cl. M-1, Placed on Review for Possible Downgrade, currently Ba2

Issuer: Option One Mortgage Loan Trust 2007-1

Cl. I-A-1, Placed on Review for Possible Downgrade, currently Aa2

Cl. I-A-2, Placed on Review for Possible Downgrade, currently Aa2

Cl. II-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-3, Placed on Review for Possible Downgrade, currently Aa2

Cl. II-A-4, Placed on Review for Possible Downgrade, currently A1

Cl. M-1, Placed on Review for Possible Downgrade, currently Ba2

Issuer: Option One Mortgage Loan Trust 2007-3

Cl. I-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-4, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently A3

Issuer: Option One Mortgage Loan Trust 2007-4

Cl. I-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-4, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently A3

Cl. M-2, Placed on Review for Possible Downgrade, currently B1

Issuer: Option One Mortgage Loan Trust 2007-5

Cl. I-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. II-A-4, Placed on Review for Possible Downgrade, currently Aaa

Cl. M-1, Placed on Review for Possible Downgrade, currently A1

Issuer: Structured Asset Investment Loan Trust 2005-1

Cl. A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. A7, Placed on Review for Possible Downgrade, currently Aaa

Cl. M4, Placed on Review for Possible Downgrade, currently Baa2

Cl. M5, Placed on Review for Possible Downgrade, currently Ba1

Cl. M6, Placed on Review for Possible Downgrade, currently B1

Cl. M7, Placed on Review for Possible Downgrade, currently B3

Issuer: Structured Asset Investment Loan Trust 2005-2

Cl. A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. A6, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa1

Cl. M4, Placed on Review for Possible Downgrade, currently Baa2

Cl. M5, Placed on Review for Possible Downgrade, currently Baa3

Cl. M6, Placed on Review for Possible Downgrade, currently Ba1

Cl. M7, Placed on Review for Possible Downgrade, currently B1

Cl. M8, Placed on Review for Possible Downgrade, currently B3

Issuer: Structured Asset Securities Corp Trust 2005-NC1

Cl. A5, Placed on Review for Possible Downgrade, currently Aaa

Cl. A8, Placed on Review for Possible Downgrade, currently Aaa

Cl. A9, Placed on Review for Possible Downgrade, currently Aaa

Cl. A10, Placed on Review for Possible Downgrade, currently Aaa

Cl. A11, Placed on Review for Possible Downgrade, currently Aaa

Cl. M1, Placed on Review for Possible Downgrade, currently Aa1

Cl. M2, Placed on Review for Possible Downgrade, currently Aa2

Cl. M3, Placed on Review for Possible Downgrade, currently Aa3

Cl. M5, Placed on Review for Possible Downgrade, currently A3

Cl. M6, Placed on Review for Possible Downgrade, currently Baa1

Cl. M7, Placed on Review for Possible Downgrade, currently Baa2

Cl. M8, Placed on Review for Possible Downgrade, currently Baa3

Cl. M9, Placed on Review for Possible Downgrade, currently Ba2

Issuer: Structured Asset Securities Corp Trust 2007-BC2

Cl. A1, Placed on Review for Possible Downgrade, currently Aaa

Cl. A2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A4, Placed on Review for Possible Downgrade, currently Aaa

Cl. A5, Placed on Review for Possible Downgrade, currently Aa2

Cl. M1, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Structured Asset Securities Corp Trust 2007-OSI

Cl. A-1, Placed on Review for Possible Downgrade, currently Aa2

Cl. A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-3, Placed on Review for Possible Downgrade, currently Aa1

Cl. A-4, Placed on Review for Possible Downgrade, currently Aa3

Cl. A-5, Placed on Review for Possible Downgrade, currently A2

Cl. M-1, Placed on Review for Possible Downgrade, currently Ba3

Issuer: Structured Asset Securities Corp. 2005-RF2

Cl. A, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-IO, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1, Placed on Review for Possible Downgrade, currently Aa2

Cl. B2, Placed on Review for Possible Downgrade, currently A2

Cl. B3, Placed on Review for Possible Downgrade, currently Baa2

Cl. B4, Placed on Review for Possible Downgrade, currently Ba2

Cl. B5, Placed on Review for Possible Downgrade, currently B2

Issuer: Structured Asset Securities Corp. 2005-RF5

Cl. 1-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-AIO, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-X, Placed on Review for Possible Downgrade, currently Aaa

Cl. 2-A, Placed on Review for Possible Downgrade, currently Aaa

Cl. R, Placed on Review for Possible Downgrade, currently Aaa

Cl. B1, Placed on Review for Possible Downgrade, currently Aa2

Cl. B2, Placed on Review for Possible Downgrade, currently A2

Cl. B3, Placed on Review for Possible Downgrade, currently Baa2

Cl. B4, Placed on Review for Possible Downgrade, currently Ba2

Cl. B5, Placed on Review for Possible Downgrade, currently B2

Issuer: Structured Asset Securities Corp. Trust 2007-EQ1

Cl. A-1, Placed on Review for Possible Downgrade, currently Aa1

Cl. A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. A-4, Placed on Review for Possible Downgrade, currently Aa1

Cl. A-5, Placed on Review for Possible Downgrade, currently Aa3

Cl. M-1, Placed on Review for Possible Downgrade, currently Baa3

Issuer: Structured Asset Securities Corporation Trust 2008-1

Cl. 1-A-1, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-2, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-3, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-4, Placed on Review for Possible Downgrade, currently Aaa

Cl. 1-A-5, Placed on Review for Possible Downgrade, currently Aaa

The underlying ratings reflect the intrinsic credit quality of the notes in the absence of the guarantee. The ratings on securities that are guaranteed or "wrapped" by a financial guarantor is the higher of a) the rating of the guarantor or b) the published underlying rating. The current ratings on the below notes are consistent with Moody's practice of rating insured securities at the higher of the guarantor's insurance financial strength rating and any underlying rating that is public.

Moody's review will focus on the degree of exposure that each of these transactions has to LBHI or its subsidiaries.

In the foregoing actions, Moody's has placed RMBS and ABS on review for possible downgrade as a result of exposure to Lehman counterparty risk, regardless of whether specific hedges are in-the-money or out-of-the-money from the perspective of the rated tranches. Moody's will assess whether termination of the deals' hedge agreements with Lehman will have an adverse impact on the related securities. Moody's notes that there is a strong possibility that certain ratings affected by today's actions will be confirmed, as certain hedges are currently out-of-the-money from the perspective of the rated securities, and have relatively short durations.

New York
Navneet Agarwal
VP - Senior Credit Officer
Structured Finance Group
Moody's Investors Service
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

New York
Alda F. Sanchez
Associate Analyst
Structured Finance Group
Moody's Investors Service
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

No Related Data.
© 2019 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved.

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