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Article: Fitch Affirms 2 and Downgrades 4 of Wells Fargo Alternative Loan Trust 2007-PA1.
- Article from:
- Business Wire
- Article date:
- January 18, 2008
CopyrightCOPYRIGHT 2008 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 the following rating actions on the following Wells Fargo Alternative Loan Trust pass-through certificates:
WFALT 2007-PA1
--Class A affirmed at 'AAA';
--Class B-1 affirmed at 'AA';
--Class B-2 downgraded to 'A-' from 'A';
--Class B-3 downgraded to 'BB+' from 'BBB';
--Class B-4 downgraded to 'B' from 'BB';