NOTE: On December 20, 2019, the press release was corrected as follows: References to Class A-1l tranches from five transactions, Chevy Chase Funding LLC, Mortgage-Backed Certificates, Series 2003-4, Series 2004-1, Series 2004-2, Series 2004-3 and Series 2004-4, were removed from this press release. Revised release follows.
New York, September 16, 2008 -- Moody's Investors Service announced today that it has published the underlying
ratings on the following insured notes as identified below. The
ratings of these insured notes were previously derived from public ratings
on non-sequential pari passu (i.e. at the same level
of seniority) or more junior uninsured tranches of the same deals.
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.
Complete list of underlying ratings are as follows:
Issuer: ACE Securities Corp. Home Equity Loan Trust,
Series 2006-HE1
Class Description: Cl. A-1B2
Current Rating: Aaa
Financial Guarantor: CIFG Assurance North America, Inc.
(Ba2, direction uncertain)
Underlying Rating: Aaa
Issuer: Aegis Asset Backed Securities Trust 2004-5
Class Description: Cl. IIA
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Argent Securities Inc., Series 2004-W10
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Argent Securities Inc., Series 2004-W4
Class Description: Cl. A
Current Rating: A2
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: A2
Issuer: Argent Securities Inc., Series 2004-W9
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Asset Backed Securities Corporation Home Equity Loan Trust
2005-HE6
Class Description: Cl. A2D
Current Rating: Aaa
Financial Guarantor: CIFG Assurance North America, Inc.
(Ba2, direction uncertain)
Underlying Rating: Aaa
Issuer: Banc of America Mortgage 2003-9 Trust
Class Description: Cl. I-A-3
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Bayview Financial Mortgage Pass-Through Certificates,
Series 2005-B
Class Description: Cl. 1-A5
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Bayview Financial Mortgage Pass-Through Trust 2005-D
Class Description: Cl. AF-5
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Bear Stearns Asset Backed Securities I Trust 2005-AC9
Class Description: Cl. A-5
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Bear Stearns Asset Backed Securities I Trust 2005-HE9
Class Description: Cl. II-A-2
Current Rating: Aaa
Financial Guarantor: CIFG Assurance North America, Inc.
(Ba2, direction uncertain)
Underlying Rating: Aaa
Issuer: Bear Stearns Asset Backed Securities I Trust 2006-AC1
Class Description: Cl. I-A-2
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Bear Stearns Asset Backed Securities Trust 2007-SD3
Class Description: Cl. A
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Bear Stearns Second Lien Trust 2007-SV1
Class Description: Cl. A-2
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: Bear Stearns Second Lien Trust 2007-SV1
Class Description: Cl. A-3
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: C-BASS Mortgage Loan Asset-Backed Certificates,
Series 2004-CB6
Class Description: Cl. AF-3
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: CDC Mortgage Capital Trust 2003-HE4
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Chase Mortgage Finance Trust, Series 2003-S15
Class Description: Cl. IIA-1
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2003-4
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2003-4
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-1
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-1
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-2
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-2
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-3
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-3
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-4
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-4
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2004-B
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-1
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-1
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-1
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-2
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-2
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-2
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-3
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-3
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-3
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-4
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-4
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-4
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-A
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-A
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-A
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-B
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-B
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-B
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-C
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-C
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2005-C
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-1
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-1
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-1
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-2
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-2
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-2
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-3
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-3
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-3
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-4
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-4
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2006-4
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2007-1
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2007-1
Class Description: Cl. A-1I
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Chevy Chase Funding LLC, Mortgage-Backed Certificates,
Series 2007-1
Class Description: Cl. A-NA
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Citicorp Mortgage Securities, Inc. 2004-1
Class Description: Cl. IA-3
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Citicorp Mortgage Securities, Inc. 2004-2
Class Description: Cl. A-6
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Citicorp Mortgage Securities, Inc. 2005-2
Class Description: Cl. IA-3
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Citicorp Mtg Sec Inc 2003-1
Class Description: Cl. A-3
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Citigroup Mortgage Loan Trust, Series 2005-WF2
Class Description: Cl. AF-6B
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: CSFB Mortgage Pass-Through Certificates, Series
2001-HE17
Class Description: Cl. A-2
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2004-10
Class Description: Cl. AF-5B
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2004-12
Class Description: Cl. 1-AV-1
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2004-13
Class Description: Cl. AF-5B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2004-15
Class Description: Cl. 1-AV-1
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2004-AB1
Class Description: Cl. 1-A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2005-1
Class Description: Cl. AF-5B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2005-11
Class Description: Cl. AF-5B
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2005-12
Class Description: Cl. 2-A-3
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2005-13
Class Description: Cl. AF-5
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2005-15
Class Description: Cl. 1-AF-5
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2005-3
Class Description: Cl. AF-5B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2005-4
Class Description: Cl. AF-5B
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: CWABS Asset-Backed Certificates Trust 2006-15
Class Description: Cl. A-5B
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: CWABS, Inc. Asset-Backed Certificates,
Series 2004-9
Class Description: Cl. 1-AV-1
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: CWABS, Inc., Asset-Backed Pass-Through
Certificates, Series 2002-S3
Class Description: Cl. A-5
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: CWALT, Inc. Mortgage Pass-Through Certificates,
Series 2005-34CB
Class Description: Cl. 1-A-3
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: CWALT, Inc. Mortgage Pass-Through Certificates,
Series 2005-J1
Class Description: Cl. 1-A-3
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: CWALT, Inc. Mortgage Pass-Through Certificates,
Series 2007-15CB
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Deutsche Alt-A Securities, Inc. Mortgage
Loan Trust Series 2003-4XS
Class Description: Cl. A-6A
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Deutsche Mortgage Securities, Inc. Mortgage
Loan Loan Trust, Series 2004-3
Class Description: Cl. I-A-5
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Deutsche Mortgage Securities, Inc. Mortgage
Loan Loan Trust, Series 2004-3
Class Description: Cl. I-A-6
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Deutsche Mortgage Securities, Inc. Mortgage
Loan Trust, Series 2006-PR1
Class Description: Cl. 3-A-F-1
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Deutsche Mortgage Securities, Inc. Mortgage
Loan Trust, Series 2006-PR1
Class Description: Cl. 3-A-F-2
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Deutsche Mortgage Securities, Inc. Mortgage
Loan Trust, Series 2006-PR1
Class Description: Cl. 4-A-F-1
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Deutsche Mortgage Securities, Inc. Mortgage
Loan Trust, Series 2006-PR1
Class Description: Cl. 5-A-F-2
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: DLJ ABS Trust Series 2000-7
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: DLJ ABS Trust Series 2000-7
Class Description: Cl. A-3
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2004-AR1
Class Description: Cl. A-2B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2004-AR2
Class Description: Cl. A-1B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2004-AR2
Class Description: Cl. A-2B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2005-AR3
Class Description: Cl. 2-A1B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2005-AR6
Class Description: Cl. 1A-1B
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2006-AR1
Class Description: Cl. 1A-1B
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2006-AR1
Class Description: Cl. 2A-1C
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2006-AR2
Class Description: Cl. 1A-1B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2006-AR2
Class Description: Cl. 2A-1C
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2007-AR1
Class Description: Cl. 1A-1B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: DSLA Mortgage Loan Trust 2007-AR1
Class Description: Cl. 2A-1C
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: First Horizon Mortgage Pass-Through Trust 2003-1
Class Description: Cl. I-A-7
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: First Horizon Mortgage Pass-Through Trust 2003-7
Class Description: Cl. I-A-4
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Greenpoint Mortgage Funding Trust 2006-AR2
Class Description: Cl. I-A-2
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Greenpoint Mortgage Funding Trust 2006-AR2
Class Description: Cl. II-A-2
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Greenpoint Mortgage Funding Trust 2006-AR3
Class Description: Cl. II-A-2
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: GreenPoint Mortgage Funding Trust 2006-AR7
Class Description: Cl. 1-A3B
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: GSAA Home Equity Trust Asset Backed Certificates Series
2005-12
Class Description: Cl. AF-3W
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: GSAMP Trust 2003-SEA2
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: GSAMP Trust 2004-AR1
Class Description: Cl. A-1A
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Homestar Mortgage Acceptance Corp. Asset-Backed
Pass-Through Certificates, Series 2004-6
Class Description: Cl. A-3B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Long Beach Mortgage Loan Trust 2004-4
Class Description: Cl. I-A1
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Long Beach Mortgage Loan Trust 2005-WL3
Class Description: Cl. I-A4
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: MASTR Asset Backed Securities Trust 2006-AB1
Class Description: Cl. A-3A
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Morgan Stanley Dean Witter Capital I Inc. Trust 2002-AM3
Class Description: Cl. A-2
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Morgan Stanley Dean Witter Capital I Inc. Trust 2002-NC3
Class Description: Cl. A-2
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Morgan Stanley Mortgage Loan Trust 2004-3
Class Description: Cl. 2-A-4
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Option One Mortgage Loan Trust 2007-FXD2
Class Description: Cl. I-A-1
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Option One Mortgage Loan Trust 2007-FXD2
Class Description: Cl. II-A-1
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Option One Mortgage Loan Trust 2007-FXD2
Class Description: Cl. II-A-2
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Option One Mortgage Loan Trust 2007-FXD2
Class Description: Cl. II-A-3
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Option One Mortgage Loan Trust 2007-FXD2
Class Description: Cl. II-A-4
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Option One Mortgage Loan Trust 2007-FXD2
Class Description: Cl. II-A-5
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Option One Mortgage Loan Trust 2007-FXD2
Class Description: Cl. II-A-6
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Park Place Securities, Inc., Asset-Backed
Pass-Through Certificates, Series 2004-MCW1
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: Prime Mortgage Trust 2003-3
Class Description: Cl. A-6
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: RALI Series 2003-QS1 Trust
Class Description: A-8
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: RAMP Series 2003-RS11 Trust
Class Description: A-I-6B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: RAMP Series 2003-RS8 Trust
Class Description: A-I-6B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: RAMP Series 2003-RS9 Trust
Class Description: Cl. A-I-6B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: RAMP Series 2003-RZ2 Trust
Class Description: Cl. A-1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: RAMP Series 2003-RZ3 Trust
Class Description: Cl. A-5-B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: RAMP Series 2003-RZ4 Trust
Class Description: Cl. A-6
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: RAMP Series 2003-RZ5 Trust
Class Description: A-6-B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: RAMP Series 2004-RS1 Trust
Class Description: A-I-6B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Renaissance Home Equity Loan Trust 2002-4
Class Description: A
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Renaissance Home Equity Loan Trust 2004-2
Class Description: Cl. AF-4
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Renaissance Home Equity Loan Trust 2004-2
Class Description: Cl. AF-5
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Renaissance Home Equity Loan Trust 2004-2
Class Description: Cl. AF-6
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Renaissance Home Equity Loan Trust 2004-2
Class Description: Cl. AV-2
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: Renaissance Home Equity Loan Trust 2004-2
Class Description: Cl. AV-3
Current Rating: Aaa
Financial Guarantor: Financial Security Assurance Inc. (Aaa,
on review for possible downgrade)
Underlying Rating: Aaa
Issuer: RFMSI Series 2005-S7 Trust
Class Description: Cl. A-2
Current Rating: Aaa
Financial Guarantor: Financial Guaranty Insurance Company (B1,
negative outlook)
Underlying Rating: Aaa
Issuer: Securitized Asset Backed Receivables LLC Trust 2005-FR5
Class Description: Cl. A-1B
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Securitized Asset Backed Receivables LLC Trust 2005-HE1
Class Description: Cl. A-1B
Current Rating: Aaa
Financial Guarantor: Syncora Guarantee Inc. (B2, under
review for possible upgrade)
Underlying Rating: Aaa
Issuer: Structured Asset Investment Loan Trust 2003-BC8
Class Description: Cl. 3-A-2
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp 2003-18XS
Class Description: Cl. A5
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp 2003-25XS
Class Description: Cl. A5
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp 2003-25XS
Class Description: Cl. A6
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2003-28XS
Class Description: Cl. A5
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2003-28XS
Class Description: Cl. A6
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2003-36XS
Class Description: Cl. A5
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-11XS
Class Description: Cl. 1-A3A
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-11XS
Class Description: Cl. 1-A5B
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-11XS
Class Description: Cl. 1-A6
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-16XS
Class Description: Cl. A3B
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-16XS
Class Description: Cl. A4B
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-17XS
Class Description: Cl. A3A
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-17XS
Class Description: Cl. A4A
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-6XS
Class Description: Cl. A5B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-9XS
Class Description: Cl. 1-A5
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2004-9XS
Class Description: Cl. 1-A6
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2005-2XS
Class Description: Cl. 1-A2B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2005-2XS
Class Description: Cl. 1-A3
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2005-2XS
Class Description: Cl. 1-A4
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2005-2XS
Class Description: Cl. 1-A5B
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: Structured Asset Securities Corp Trust 2005-2XS
Class Description: Cl. 2-A1
Current Rating: Aaa
Financial Guarantor: Ambac Assurance Corporation (Aa3, negative
outlook)
Underlying Rating: Aaa
Issuer: TBW Mortgage-Backed Trust 2007-2, Mortgage
Pass-Through Certificates, Series 2007-2
Class Description: Cl. A-4-A
Current Rating: Aaa
Financial Guarantor: Assured Guaranty Corporation (Aaa, on
review for possible downgrade)
Underlying Rating: Aaa
Issuer: TBW Mortgage-Backed Trust 2007-2, Mortgage
Pass-Through Certificates, Series 2007-2
Class Description: Cl. A-4-B
Current Rating: Aaa
Financial Guarantor: Assured Guaranty Corporation (Aaa, on
review for possible downgrade)
Underlying Rating: Aaa
Issuer: TBW Mortgage-Backed Trust 2007-2, Mortgage
Pass-Through Certificates, Series 2007-2
Class Description: Cl. A-5
Current Rating: Aaa
Financial Guarantor: Assured Guaranty Corporation (Aaa, on
review for possible downgrade)
Underlying Rating: Aaa
Issuer: Washington Mutual MSC 2003-MS8 Trust
Class Description: Cl. I-A-6
Current Rating: Aaa
Financial Guarantor: MBIA Insurance Corporation (A2, negative
outlook)
Underlying Rating: Aaa
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
