Fitch Affirms 99 Classes from 3 Bank of America RMBS Transactions

Business Wire,  May 13, 2008  

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NEW YORK -- Fitch Ratings has taken rating action on the following Bank of America (BOAM) mortgage pass-through certificates:

Series 2003-6 Group 1;

--Class 1A-1 affirmed at 'AAA', removed from Rating Watch Negative;

--Class 1A-2 affirmed at 'AAA'

--Class 1A-3 affirmed at 'AAA'

--Classes 1A-5 through 1A-27 affirmed at 'AAA';

--Classes 1A-29 through 1A-41 affirmed at 'AAA';

--Class 1A-PO affirmed at 'AAA';

Series 2004-4 Group 1;

--Classes 1A-1 through 1A-11 affirmed at 'AAA';

--Class 1A-12 affirmed at 'AAA', removed from Rating Watch Negative;

--Class 1A-PO affirmed at 'AAA';

--Class 130-IO affirmed at 'AAA';

--Class 30B-2 affirmed at 'A';

--Class 30B-3 affirmed at 'BBB';

--Class 30B-4 affirmed at 'BB'.

Series 2004-7 Groups 1 & 5;

--Class 1A-1 affirmed at 'AAA'

--Class 1A-2 affirmed at 'AAA'

--Classes 1A-5 through 1A-19 affirmed at 'AAA';

--Classes 5A-1 through 5A-15 affirmed at 'AAA';

--Class 5A-16 affirmed at 'AAA', removed from Rating Watch Negative;

--Class 1X-PO affirmed at 'AAA';

--Class 130-IO affirmed at 'AAA';

--Class 5X-PO affirmed at 'AAA';

--Class 530-IO affirmed at 'AAA';

--Class 30B-1 affirmed at 'AA';

--Class 30B-2 affirmed at 'A';

--Class 30B-3 affirmed at 'BBB';

--Class 30B-4 affirmed at 'BB';

--Class 30B-5 rated 'B', placed on Rating Watch Negative.

The collateral on the aforementioned transactions consists of mixed term fixed-rated mortgages extended to prime borrowers. Bank of America deposited the loans into the trust, and acts as the servicer for the collateral. Bank of America Mortgage has a servicer rating of 'RPS1' provided by Fitch.

Class 1A1 from series 2003-6, Class 1-A-12 from series 2004-4, and Class 5-A-16 from series 2004-7 are insured by MBIA. For more information please refer to 'Fitch Moves to Underlying Ratings for MBIA-Insured Bonds' dated Apr. 4, 2008, available on the Fitch Ratings web site at www.fitchratings.com.

For further information regarding delinquencies, collateral attributes, and other statistical information please visit the Fitch Ratings website 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

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