"Standard & Poor’s has lowered its ratings to ‘D’ on 66 classes of mortgage pass-through certificates from 59 U.S. prime jumbo residential mortgage-backed securities (RMBS) transactions from various issuers.
S&P also removed 16 of the lowered ratings from CreditWatch with negative implications. and placed 22 ratings on five of the affected transactions on CreditWatch with negative implications. The ratings on 179 additional classes from 15 of these transactions remain on CreditWatch negative".
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