2008-05-06 23:33:59 -
- Fitch Ratings has taken the following rating actions on Goldman Sachs mortgage pass-through certificates. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are removed. Affirmations total $48.6 million and downgrades total $28.2 million. Additionally, $66.5 million was placed on Rating Watch Negative.
GSRPM 2004-1
-- $4.1 million class A-1 affirmed at 'AAA';
-- $2.6 million class A-2 affirmed at 'AAA';
-- $1.6 million class A-3 affirmed at 'AAA';
-- $11.8 million class M-1 affirmed at 'AA';
-- $10.0 million class M-2 affirmed at 'A';
-- $5.9 million class B-1 affirmed at 'BBB+';
GSRPM Mortgage Loan Trust 2006-2
-- $12.7 million class A-1A affirmed at 'AAA';
-- $14.5 million class A-1B rated 'AAA', placed on Rating Watch Negative;
-- $52.0 million class A-2 rated 'AAA', placed on Rating Watch Negative;
-- $7.3 million class M-1 downgraded to 'A' from 'AA+';
-- $8.9 million class M-2 downgraded to 'BBB' from 'AA-';
-- $5.1 million class B-1 downgraded to 'BBB-' from 'A';
-- $1.9 million class B-2 downgraded to 'BB' from 'A-';
-- $2.0 million class B-3 downgraded to 'B' from 'BBB';
-- $3.1 million class B-4 downgraded to 'C/DR6' from 'BB+';
Further information regarding current delinquency, loss, and credit enhancement statistics is also available at www.fitchratings.com.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.
Fitch Ratings, New York
Tara Sweeney, +1-212-908-0347
Michele Patterson, +1-212-908-0779
Sandro Scenga, +1-212-908-0278 (Media Relations)