Fitch Affirms $9MM from 2 Option One Woodbridge Loan Trust 2003 & 2004 Subprime Transactions

Business Wire, June 2, 2008

NEW YORK -- Fitch Ratings has taken the following rating actions on Option One Woodbridge Loan Trust mortgage pass-through certificates. Affirmations total $9.1 million.

Option One Woodbridge Loan Trust, Series 2003-2

--$4.1 million class A affirmed at 'AAA';

Option One Woodbridge Loan Trust, Series 2004-1

--$5.0 million class A affirmed at 'AAA';

Option One Woodbridge 2004-1 Class A has a financial guaranty from FSA.

Additional details are available in the following research, available at www.fitchratings.com:

--'Downgrade Criteria for Recent Vintage U.S. Subprime RMBS' (Aug. 8, 2007);

All of Fitch's ratings criteria for US subprime RMBS available at www.fitchratings.com/subprime. For a list of deals currently under analysis please visit www.fitchratings.com/smartview.> 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.