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11.09.2013 22:07:00
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Moody's takes action on $0.8 Million of Scratch and Dent RMBS issued in 2002
New York, September 11, 2013 -- Moody's Investors Service has downgraded the ratings of two tranches, Class A-3 and Class M-1 from Security National Mortgage Loan Trust 2002-2. In addition, the Class A-3 was placed on watch for further downgrade. The transaction is backed by Scratch and Dent RMBS loans.
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