Tuesday, July 17, 2007

UPDATE 1-Moody's may cut Bear Stearns, IndyMac ABS

(Reuters) - The collateral backing the securities under review consists
of primarily first lien, fixed and adjustable-rate and Alt-A
mortgage loans, Moody's said in a statement.




Moody's is reviewing 13 pieces of 8 deals sold from the
Bear Stearns Alt-A Trust Series and Bear Stearns Asset Backed
Securities I Trust Series, all of which are backed by loans
issued in 2006.


Read more at Reuters.com Bonds News

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