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Article: Fitch Takes Rating Actions on MLCC Mortgage Investors 1994-A.
- Article from:
- Business Wire
- Article date:
- December 21, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Fitch Ratings has taken rating actions on the following Merrill Lynch Credit Corp. (MLCC) Mortgage Investors, mortgage pass-through certificate:
Merrill Lynch Credit Corp. Mortgage Investors, mortgage pass-through certificate, series 1994-A Group 1
-- Class M-1 upgraded to 'AAA' from 'AA+';
Merrill Lynch Credit Corp. Mortgage Investors, mortgage pass-through certificate, series 1994-A Group 2
-- Class A-4 affirmed at 'AAA';
-- Class M-2 upgraded to 'AAA' from 'AA+'.
The affirmation, representing approximately $3.4 million of outstanding principal, reflects credit enhancement consistent with future loss ...