Business Services Industry

Fitch Downgrades 1 Class from 1 JPMMT Resecuritization Transaction

Business Wire, Oct 16, 2008

NEW YORK -- Fitch Ratings has taken the following rating action on J.P. Morgan Mortgage Trust (JPMMT) certificates. The class represents a beneficial ownership interest in separate trust funds, which include bonds that have been downgraded.

J.P. Morgan Residential Mortgage Acceptance Corp, MBS Series 2002-R2

--1B3 downgraded from 'BB' to 'CCC/DR2'.

The rating actions were taken as part of Fitch's ongoing surveillance process of existing transactions.

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.

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COPYRIGHT 2008 Gale, Cengage Learning
 

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