Fitch Ratings Upgrades Various RMBS Series.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 31, 2002 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 upgraded various series of residential mortgage-backed Mortgage-backed may refer to:
CWMBS (RAST 97-A9) 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 1997-I -- Class B-1 to 'AAA' from 'AA'; -- Class B-2 to 'AAA' from 'A'; -- Class B-3 to 'AA' from 'BBB'; -- Class B-4 to 'BBB' from 'BB'; -- Class B-5 to 'BB' from 'B'. CWMBS (Countrywide coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. Home Loans, Inc.) mortgage pass-through certificates, series 1993-7 -- Class B1 to 'AAA' from 'AA+'. CWMBS (Countrywide Home Loans, Inc.) mortgage pass-through certificates, series 1994-12 -- Class B1 to 'AAA' from 'AA+'; -- Class B2 to 'AA+' from 'A-'; -- Class B3 to 'BBB+' from 'BB+'; -- Class B4 to 'BB+' from 'BB'. GE Capital Mortgage Services, Inc. REMIC multi-class pass-through certificates series 1994-3 -- Class M to 'AAA' from 'AA'; -- Class B1 to 'AAA' from 'A'; -- Class B2 to 'A+' from 'BBB'; -- Class B3 to 'BBB' from 'BB'; -- Class B4 to 'BB+' from 'B'. GE Capital Mortgage Services, Inc. REMIC multi-class pass-through certificates series 1994-4 -- Class M to 'AAA' from 'AA'; -- Class B1 to 'AAA' from 'A'; -- Class B2 to 'A+' from 'BBB'; -- Class B3 to 'BBB' from 'BB'; -- Class B4 to 'BB+' from 'B'. GE Capital Mortgage Services, Inc. REMIC multi-class pass-through certificates series 1994-14 -- Class B1 to 'AAA' from 'AA'; -- Class B2 to 'A+' from 'A-'; -- Class B3 to 'BBB' from 'BB'; -- Class B4 to 'BB' from 'B'. GE Capital Mortgage Services, Inc. REMIC multi-class pass-through certificates series 1998-3 -- Class M to 'AAA' from 'AA'; -- Class B1 to 'AAA' from 'A'; -- Class B2 to 'AAA' from 'BBB'; -- Class B3 to 'AA' from 'BB'; -- Class B4 to 'A' from 'B'. GE Capital Mortgage Services, Inc. REMIC multi-class pass-through certificates series 1998-8 Pool 1 -- Class 1-M to 'AAA' from 'AA'; -- Class 1-B1 to 'AA+' from 'A'; -- Class 1-B2 to 'AA-' from 'BBB'; -- Class 1-B3 to 'BBB+' from 'BB'; -- Class 1-B4 to 'BB' from 'B'. GE Capital Mortgage Services, Inc. REMIC multi-class pass-through certificates series 1998-8 Pool 2 -- Class 2-M to 'AAA' from 'AA+'; -- Class 2-B1 to 'AAA' from 'A+'; -- Class 2-B2 to 'AA+' from 'BBB+'; -- Class 2-B3 to 'A+' from 'BBB'; -- Class 2-B4 to 'BBB+' from 'BB'. GE Capital Mortgage Services, Inc. REMIC multi-class pass-through certificates series 1998-9 -- Class M to 'AAA' from 'AA'; -- Class B1 to 'AAA' from 'A'; -- Class B2 to 'AA' from 'BBB'; -- Class B3 to 'A' from 'BB'; -- Class B4 to 'BBB-' from 'B'. GE Capital Mortgage Services, Inc. REMIC multi-class pass-through certificates series 1999-1 -- Class M to 'AA+' from 'AA'; -- Class B1 to 'A+' from 'A'; -- Class B2 to 'BBB+' from 'BBB'; -- Class B3 to 'BB+' from 'BB'. Norwest For the sniper, see .
Norwest Corporation Asset Securities Corp. mortgage pass-through certificates, series 1998-4 Pool 1 -- Class 1-M to 'AAA' from 'AA'; -- Class 1-B1 to 'AA+' from 'A'; -- Class 1-B2 to 'A+' from 'BBB'. Norwest Asset Securities Corp. mortgage pass-through certificates, series 1998-4 Pool 2 -- Class 2-M to 'AAA' from 'AA'; -- Class 2-B1 to 'AA+' from 'A'; -- Class 2-B2 to 'A+' from 'BBB'; -- Class 2-B3 to 'BBB+' from 'BB'; -- Class 2-B4 to 'BB+' from 'B'. Norwest Asset Securities Corp. mortgage pass-through certificates, series 1998-12 -- Class B-1 to 'AAA' from 'AA'; -- Class B-2 to 'AA' from 'A'; -- Class B-3 to 'A' from 'BBB'; -- Class B-4 to 'BBB' from 'BB'; -- Class B-5 to 'B+' from 'B'. Norwest Asset Securities Corp. mortgage pass-through certificates, series 1998-15 -- Class B-1 to 'AAA' from 'AA'; -- Class B-2 to 'AA' from 'A'; -- Class B-3 to 'A' from 'BBB'; -- Class B-4 to 'BBB' from 'BB'; -- Class B-5 to 'B+' from 'B'. Norwest Asset Securities Corp. mortgage pass-through certificates, series 1998-17 -- Class B-1 to 'AAA' from 'AA'; -- Class B-2 to 'AA' from 'A'; -- Class B-3 to 'A' from 'BBB'; -- Class B-4 to 'BBB' from 'BB'; -- Class B-5 to 'BB-' from 'B'. Norwest Asset Securities Corp. mortgage pass-through certificates, series 1998-25 -- Class B-1 to 'AAA' from 'AA'; -- Class B-2 to 'AA' from 'A'; -- Class B-3 to 'A' from 'BBB'; -- Class B-4 to 'BBB' from 'BB'; -- Class B-5 to 'B+' from 'B'. Norwest Asset Securities Corp. mortgage pass-through certificates, series 1998-26 -- Class B-1 to 'AAA' from 'AA'; -- Class B-2 to 'AA' from 'A'; -- Class B-3 to 'A' from 'BBB'; -- Class B-4 to 'BBB' from 'BB'; -- Class B-5 to 'B+' from 'B'. Prudential Prudential is the name of two different companies and buildings named after them: Companies:
-- Class B1-1 - B1-4, to 'AAA' from 'AA'; -- Class B2-1 - B2-4 to 'AAA' from 'A'; -- Class B3-1 - B3-4 to 'A' from 'BBB'; -- Class B-4 to 'BBB' from 'BB'; -- Class B-5 to 'BB-' from 'B'. Residential Funding Mortgage Securities I, Inc., mortgage pass-through certificates, series 1993-S44 -- Class M1 to 'AAA' from 'AA'; -- Class M2 to 'AA+' from 'A'; -- Class M3 to 'A+' from 'BBB'; -- Class B1 to 'BBB-' from 'BB'; -- Class B2 to 'BB' from 'B'. Residential Funding Mortgage Securities I, Inc., mortgage pass-through certificates, series 1998-S17 -- Class M1 to 'AAA' from 'AA'; -- Class M2 to 'AA' from 'A'; -- Class M3 to 'A' from 'BBB'; -- Class B1 to 'BBB' from 'BB'. 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 Fitch's web site at 'www.fitchratings.com'. |
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