Fitch Takes Various Actions on 2 Wachovia Mortgage Loan Trust Alt-A Transactions

NEW YORK--(Business Wire)--
Fitch Ratings has taken rating actions on the
mezzanine/subordinate bonds of the following Wachovia Mortgage Loan
Trust, LLC transactions listed below:

Wachovia Mortgage Loan Trust, Series 2005-A

Wachovia Mortgage Loan Trust, Series 2006-AMN1

A spreadsheet detailing Fitch's rating actions on the transactions
in question is available on the Fitch Ratings web site at
www.fitchratings.com under the following headers:

Structured Finance then RMBS then Research Highlights

The rating actions taken today reflect Fitch's analysis of
expected default and loss from delinquent loans, in addition to
projected losses from the currently performing pool. Fitch generates
its expectations using its ResiLogic default and loss model. These
expectations are adjusted based on actual performance to-date versus
model projected performance. The model incorporates the impact of
historical home price movements on mortgage performance, in addition
to projecting further stress for many regions of the U.S. The model
also reflects the demonstrated high default rates for loans that
exhibit risk-layering.

The details of the application of ResiLogic to seasoned mortgage
pools, and the specific assumptions used for the Alt-A review, will be
described in research to be released shortly.

Fitch is completing its review of the 2005-2007 Alt-A transactions
in two separate phases. The first phase will be a review of all
mezzanine and subordinated bonds, which are more immediately exposed
to delinquency losses. This phase is currently nearing completion. The
second phase, which will begin shortly, will be a review of all the
senior bonds that, in many instances, require additional cash flow
analysis to evaluate the risk of the various individual classes within
the senior tranche. Most notably, the use of super-senior structures
will be considered in evaluating senior bonds.

Additional details are available in the following reports, also
available at www.fitchratings.com under:

Structured Finance then RMBS then Special Reports

--'Drivers of 2006-2007 Alt-A Collateral Performance' (May 7,
2008);

--'U.S. Alt-A RMBS Performance Deteriorating Rapidly, Fitch
Initiates Extensive' (Mar. 6, 2008);

--'Alt A Bonds Placed on Rating Watch Negative - Amended' (Mar.
20, 2008).

Further information regarding current delinquency, loss, and
credit enhancement statistics is also available 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, New York
Tara Sweeney, +1-212-908-0347
Michele Patterson, +1-212-908-0779
Media Relations:
Sandro Scenga, +1-212-908-0278

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