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Rating Action:

MOODY'S RATES BANC OF AMERICA ALTERNATIVE LOAN TRUST 2005-8 DEAL

16 Sep 2005
MOODY'S RATES BANC OF AMERICA ALTERNATIVE LOAN TRUST 2005-8 DEAL

Approximately $383 Million of Mortgage-Backed Securities Rated

New York, September 16, 2005 -- Moody's Investors Service has assigned a Aaa rating to twelve (12) of the senior certificates issued by Banc of America Alternative Loan Trust, Mortgage Pass-Through Certificates, Series 2005-8. In addition, Moody's assigned a Aa1 rating to a super-senior support certificate. Moody's also assigned ratings ranging from A2 to Baa2 to two (2) subordinate certificates in the deal. Moody's did not rate all of the senior or subordinate certificates in the deal.

A super-senior support class is allocated losses that would otherwise be allocated to the companion super-senior class. As such, a super-senior support class that is small relative to the super-senior class it supports has a risk of higher severity and is rated Aa1.

The securitization is backed by two pools of 15-year and 30-year fixed-rate, Alt-A mortgage loans originated by Bank of America N.A. The ratings are based primarily on the credit quality of the loans, and on the protection from subordination and the shifting interest structure. The credit quality of the loan pool is better than average fixed-rate loan pools backing recent Alt-A securitizations. Moody's expects collateral losses to range from 0.35% to 0.45%.

Bank of America N.A. will service the loans.

THE COMPLETE RATING ACTIONS ARE AS FOLLOWS:

Banc of America Alternative Loan Trust 2005-8, Mortgage Pass-Through Certificates, Series 2005-8

Class 1-CB-1, rated Aaa

Class 1-CB-2, rated Aaa

Class 1-CB-3, rated Aaa

Class 1-CB-4, rated Aaa

Class 1-CB-5, rated Aaa

Class 1-CB-6, rated Aa1

Class 2-CB-1, rated Aaa

Class 3-CB-1, rated Aaa

Class CB-IO, rated Aaa

Class 4-A-1, rated Aaa

Class 5-A-1, rated Aaa

Class 15-IO, rated Aaa

Class A-PO, rated Aaa

Class B-2, rated A2

Class B-3, rated Baa2

Additional research is available on http://www.moodys.com.

New York
Jay A. Siegel
Managing Director
Structured Finance Group
Moody's Investors Service
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

New York
Singhania Gaurav
Associate Analyst
Structured Finance Group
Moody's Investors Service
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

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