Fitch Rates $201.8MM LMT 2008-3

2008-05-30 23:36:21 -

- Lehman Mortgage Trust mortgage pass-through certificates, series 2008-3 is rated by Fitch Ratings as follows:

--$201.8 million class A1 'AAA'.

This transaction is a resecuritization of 100% interest in the Class 2-A1 Mortgage Pass-Through Certificates from Lehman Mortgage Trust Series 2007-1 (initially rated by Fitch on Jan. 30, 2007) which represent beneficial ownership interest in fixed-rate, conventional, first lien residential mortgage loans, substantially all of which have original terms to stated maturity of 30 years. As a resecuritization, the certificates will receive their cash-flow from the underlying class of certificates.

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Fitch Ratings, New York
Vanessa Purwin, 212-908-0269
Sandro Scenga, 212-908-0278 (Media Relations)