Fitch Affirms 6 RMBS Classes from ABN AMRO 2002-10
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NEW YORK--(Business Wire)--Fitch Ratings affirms ABN AMRO 2002-10 mortgage pass-through certificates as follows: --Class A at 'AAA'; --Class M at 'AAA'; --Class B-1 at 'AA'; --Class B-2 at 'A'; --Class B-3 at 'BBB'; --Class B-4 at 'BB'. The affirmations reflect a stable relationship between credit enhancement (CE) and expected losses, and affect approximately $141.9 million in outstanding certificates. The pool factor (current collateral balance as a percentage of initial collateral balance) is approximately 20%, and the transaction is 60 months seasoned. The amount of loans in the 60+ buckets is approximately 0.69% of the current collateral balance, and cumulative losses are approximately 0.02%. For further information regarding CE, delinquencies, and losses, please visit the Fitch Ratings website at www.fitchratings.com. Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site. Fitch Ratings Michele Patterson, +1-212-908-0779 Vincent Barberio, +1-212-908-0505 (New York) Media Relations: Sandro Scenga, +1-212-908-0278 (New York) Copyright Business Wire 2008
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