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
