Standard & Poor’s lowered ratings on 145 classes from 72 U.S. RMBS transactions that are insured by MBIA Insurance Corp. following the bond insurer’s Feb. 28, downgrade.

S&P downgraded MBIA to 'CCC' from 'B' and the outlook on the company remains negative, according to a report the ratings agency published last Friday.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.