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Article: DCR Rates PNC Mortgage Securities Corp. $841,075,879 Mortgage Pass-Through Certificates Series 1998-6 Fixed-Rate Residential Mortgage Loans
- Article from:
- PR Newswire
- Article date:
- July 31, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. 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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CHICAGO, July 31 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has rated the PNC Mortgage Securities Corporation Series 1998-6 Mortgage Pass-Through Certificates. The certificates were issued by PNC Mortgage Securities Corporation and underwritten by Donaldson, Lufkin & Jenrette Securities Corporation and ABN AMRO Incorporated. The ratings on the 51 classes of publicly offered securities range from 'AAA' (Triple-A) to 'BBB' (Triple-B).
Group I Class I-A-1 through Class I-A-24, and Class I-X are rated 'AAA' (Triple-A). Group II Class II-A-1 through Class II-A-13, and Class II-X are rated 'AAA' (Triple-A). Group III Class III-A-1, Class III-X and Class III-P ...