(Bloomberg) -- Moody's Investors Service so far
this year has cut or considered lowering ratings on 139 classes
of securitizations in 2006 of U.S. subprime second mortgages.
The ratings actions, which compares with 29 for 2005
issues, comprise 14 percent of the classes of subprime second-
mortgage bonds sold last year, New York-based Moody's said in a
report last week. That compares with 1.5 percent for classes of
bonds backed by first-lien subprime mortgages from 2006.
Read more at Bloomberg Bonds News
this year has cut or considered lowering ratings on 139 classes
of securitizations in 2006 of U.S. subprime second mortgages.
The ratings actions, which compares with 29 for 2005
issues, comprise 14 percent of the classes of subprime second-
mortgage bonds sold last year, New York-based Moody's said in a
report last week. That compares with 1.5 percent for classes of
bonds backed by first-lien subprime mortgages from 2006.
Read more at Bloomberg Bonds News
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