Moody’s Investors Service has put on review for downgrade 1,079 tranches from 299 shifting interest/pro-rata U.S. residential mortgage-backed securities transactions that are reaching or getting closer to the end of their terms, based on surveillance methodology published this month.

“Securities being placed on review for downgrade are those that show sensitivity to a preliminary stress scenario analysis. We will resolve the watch action after conducting a detailed review of the transaction structures. In addition, we will take into account updated performance information,” Moody’s analysts said in recent report.

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