Tuesday, September 11, 2007

Fitch Downgrades $384.2MM from 1 Soundview Home Equity Loan Trust 2nd Lien Transaction (Business Wire via Yahoo! Finance)

NEW YORK----Fitch Ratings has taken the following rating actions on Soundview Home Equity Loan Trust asset-backed certificates. Downgrades total $384.2 million. Break Loss percentages and Loss Coverage Ratios for each class, rated B or higher, are included with the rating actions as follows:

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[Source: Yahoo! News Search Results for home equity loan]

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