Fitch Takes Various Actions on New York Mortgage Trust 2005-2007 Prime Transactions

2008-08-07 23:35:02 -

- Fitch Ratings has taken numerous rating actions on the New York Mortgage Trust Prime RMBS transactions listed below:

--New York Mortgage Trust 2006-1

The rating actions were taken as part as Fitch's review of all 2005-2007 vintage Prime RMBS transactions.

A spreadsheet detailing Fitch's rating actions on the transactions in question is available on the Fitch

Ratings web site at www.fitchratings.com under the following headers:

Structured Finance then RMBS then Special Reports

Additional details are available in the following reports, also available at www.fitchratings.com under:

Structured Finance then RMBS then Special Reports

--'Prime RMBS Performance' (July 29, 2008)

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)