Correct: Fitch Affs 64 & Upgrs 74 Classes from 26 NASCOR RMBS Securitizations.

Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 4, 2003

(This is an amended a·mend
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2. version of an earlier press release which includes corrected ratings for class B5 of Norwest For the sniper, see .

This article details the history of Norwest up to the point of the purchase of Wells Fargo. For the current company, see Wells Fargo.

Norwest Corporation Asset Securities Corporation)

Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. has affirmed af·firm
v. af·firmed, af·firm·ing, af·firms

v.tr.
1. To declare positively or firmly; maintain to be true.

2. To support or uphold the validity of; confirm.

v.intr. 64 classes and upgraded 74 classes of Norwest Asset Securities Corporation's residential mortgage-backed Mortgage-backed may refer to:

Commercial mortgage-backed security, type of bond commonly issued in American security markets
Mortgage-backed security, asset-backed security whose cash flows are backed by the payments of a set of mortgages

certificates, as follows:

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates Pass-Through Certificates (PTCs) are instruments that evidence the ownership of two or more Equipment Trust Certificates. In other words, Equipment Trust Certificates may be bundled into a pass-through structure as a means of diversifying the asset pool and/or increasing the size , Series 1998-1

-- Class A affirmed at 'AAA';

-- Class M affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA+';

-- Class B3 upgraded to 'AA' from 'A+';

-- Class B4 upgraded to 'BBB' from 'BBB-'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-3

-- Class A affirmed at 'AAA';

-- Class M affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 affirmed at 'AAA';

-- Class B3 affirmed at 'AA';

-- Class B4 affirmed at 'BBB+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-6

-- Class A affirmed at 'AAA'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-7

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 affirmed at 'AAA';

-- Class B3 upgraded to 'AAA' from 'AA';

-- Class B4 upgraded to 'AA' from 'A';

-- Class B5 affirmed at 'BBB-'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-9

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA';

-- Class B3 upgraded to 'AAA' from 'A';

-- Class B4 upgraded to 'AA-' from 'BBB-';

-- Class B5 upgraded to 'A-' from 'BB-'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-10

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 affirmed at 'AAA';

-- Class B3 upgraded to 'AAA' from 'AA';

-- Class B4 upgraded to 'AAA' from 'A';

-- Class B5 upgraded to 'AA' from 'BB'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-12

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA+';

-- Class B3 upgraded to 'AAA' from 'AA-';

-- Class B4 upgraded to 'AA' from 'A-';

-- Class B5 upgraded to 'BBB+' from 'BB'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-13

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA'

-- Class B2 upgraded to 'AAA' from 'AA-';

-- Class B3 upgraded to 'AAA' from 'A-';

-- Class B4 upgraded to 'AA' from 'BB+';

-- Class B5 upgraded to 'BBB+' from 'B+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-14

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 affirmed at 'AAA';

-- Class B3 upgraded to 'AAA' from 'AA+';

-- Class B4 upgraded to 'AA' from 'A-';

-- Class B5 upgraded to 'BBB+' from 'BB+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-15

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA+';

-- Class B3 upgraded to 'AAA' from 'AA-';

-- Class B4 upgraded to 'AA' from 'A-';

-- Class B5 upgraded to 'BBB+' from 'BB-'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-16

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-18

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA';

-- Class B3 upgraded to 'AAA' from 'A+';

-- Class B4 upgraded to 'AA-' from 'BBB-';

-- Class B5 upgraded to 'A-' from 'B+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-19 Pool 1

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-19 Pool 2

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA';

-- Class B3 upgraded to 'AAA' from 'A-';

-- Class B4 upgraded to 'BBB+' from 'BB+';

-- Class B5 affirmed at 'B+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-21

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 affirmed at 'AAA';

-- Class B3 upgraded to 'AAA' from 'AA+';

-- Class B4 upgraded to 'AAA' from 'A+';

-- Class B5 upgraded to 'AA-' from 'BB+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-22

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'A+';

-- Class B3 upgraded to 'AA+' from 'A-';

-- Class B4 upgraded to 'A' from 'BB';

-- Class B5 upgraded to 'BBB-' from 'B'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-24

-- Class A affirmed at 'AAA'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-25

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA+';

-- Class B3 upgraded to 'AAA' from 'AA-';

-- Class B4 upgraded to 'AA' from 'A-';

-- Class B5 upgraded to 'A' from 'BB'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-26

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA+';

-- Class B3 upgraded to 'AAA' from 'AA-';

-- Class B4 upgraded to 'AA' from 'A';

-- Class B5 upgraded to 'A' from 'BB+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-27

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 affirmed at 'AAA';

-- Class B3 upgraded to 'AAA' from 'AA+';

-- Class B4 upgraded to 'AA' from 'A+';

-- Class B5 upgraded to 'BBB+' from 'BB+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-28

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA';

-- Class B3 upgraded to 'AAA' from 'A';

-- Class B4 upgraded to 'A' from 'BB+';

-- Class B5 upgraded to 'BB+' from 'B'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-29

-- Class A affirmed at 'AAA'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-30

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA';

-- Class B3 upgraded to 'AAA' from 'A+';

-- Class B4 upgraded to 'AA' from 'BBB+';

-- Class B5 upgraded to 'A' from 'BB'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-31

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 affirmed at 'AAA';

-- Class B3 upgraded to 'AAA' from 'AA';

-- Class B4 upgraded to 'AA-' from 'A';

-- Class B5 affirmed at 'BB+'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-32

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'A+';

-- Class B3 upgraded to 'AA' from 'BBB+';

-- Class B4 upgraded to 'A' from 'BB';

-- Class B5 upgraded to 'BBB' from 'B'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-33

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA';

-- Class B3 upgraded to 'AAA' from 'A+';

-- Class B4 upgraded to 'AA' from 'BBB';

-- Class B5 upgraded to 'BBB-' from 'BB-'.

Norwest Asset Securities Corporation (NASCOR), Mortgage Pass-Through Certificates, Series 1998-34

-- Class A affirmed at 'AAA';

-- Class B1 affirmed at 'AAA';

-- Class B2 upgraded to 'AAA' from 'AA';

-- Class B3 upgraded to 'AAA' from 'A';

-- Class B4 upgraded to 'AA' from 'BBB';

-- Class B5 upgraded to 'A' from 'B+'.

These rating actions are being taken as a result of low delinquencies and losses, as well as increased credit support.

Further information regarding current delinquency delinquency

Criminal behaviour carried out by a juvenile. Young males make up the bulk of the delinquent population (about 80% in the U.S.) in all countries in which the behaviour is reported. , loss and credit enhancement Credit Enhancement

A method whereby a company attempts to improve its debt or credit worthiness.

Notes:
Credit enhancements take many different forms. An example of a credit enhancement would be conversion rights added on to a debt instrument in order to lower the issuing statistics is available on the Fitch Ratings web site at www.fitchratings.com.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	Aug 4, 2003
Words:	1210
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