Monday, July 30, 2007

S&P raises 31 classes of Bear Stearns issued ABS

(Reuters) - "The upgrades affecting the 2002 to 2004 vintage deals
reflect low cumulative losses, low delinquencies, and credit
enhancement percentages that are more than sufficient to
support the higher ratings," S&P said in a statement.




S&P also affirmed its ratings on 553 classes of
mortgage-backed debt sold between 2000 and 2007. It also cut
its rating on one class of a deal sold in 2001.


Read more at Reuters.com Bonds News

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