New York, December 23, 2013 -- Moody's Investors Service (Moody's) stated today that the amendments to the servicing agreement, trust indenture, back up servicing agreement and the sale and contribution agreements effected November 15, 2013 on the resort lot loan backed ABS notes issued by Double Diamond Funding-III, LLC would not, in and of itself and as of this time, result in the downgrade or withdrawal of the outstanding ratings assigned to the notes issued by Double Diamond Funding-III, LLC. The effect of the amendments was to clarify the deal mechanics.

Vollständigen Artikel bei Moodys lesen