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Article: DCR Rates Credit Suisse First Boston Mortgage Securities Corp.'s $48,255,504 Trust Certificates, Series 1999-1R.
- Article from:
- PR Newswire
- Article date:
- August 23, 1999
CopyrightCOPYRIGHT 1999 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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NEW YORK, Aug. 23 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has rated the trust certificates offered, issued and underwritten by Credit Suisse First Boston Mortgage Securities Corp., Series 1999-1R. The transaction is a resecuritization of several underlying subordinate certificates from previous securitizations. The offered classes are as follows:
Class Amount DCR RatingIssuance Certificate Rate
A $ 6,484,000 AAA Private 7.046%
M1 $19,153,000 AAPrivate 7.046%
M2 $17,856,000 A Private 7.046%
M3 $ 4,390,000 BBB ...