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02.03.2016 21:24:00
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Moody's downgrades 13.2 million of FHA/VA RMBS issued by Fannie Mae
New York, March 02, 2016 -- Moody's Investors Service has downgraded the ratings of six tranches issued from four transactions. The collateral backing these deals consists of first-lien fixed and adjustable rate mortgage loans insured by the Federal Housing Administration (FHA), an agency of the U.S. Department of Urban Development (HUD) or guaranteed by the Veterans Administration (VA).
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