RPT-UPDATE 2-US judge dismisses some Lehman mortgage cases

(Repeats to separate from previous story, no changes to headline or text)

* Grants motions to dismiss two parts of 2008 litigation

* Written ruling expected at a later date

(Adds background on the litigation)

NEW YORK, Jan 26 (Reuters) - A U.S. judge handling litigation over Lehman Brothers Holdings Inc LEHMQ.PK mortgage-backed securities on Tuesday dismissed claims against the McGraw-Hill Companies (MHP.N) and Moody's Corp (MCO.N), a court clerk and company representatives said.

The claim dismissed against McGraw-Hill included claims that Standard & Poor's was an underwriter and seller of structured finance securities under federal securities laws.

The rulings were made in part of a consolidated lawsuit over as much as $96 billion in mortgage-backed securities, according to court documents filed in Manhattan federal court in 2008 and last year.

The securities were sold to investors by Lehman, which collapsed in September 2008, in a rapid succession of 94 public offerings over 21 months ending in early 2007, according to the court documents.

In his ruling from the bench, U.S. District Court Judge Lewis Kaplan granted a motion brought by Moody's and granted a motion brought by McGraw-Hill, a law clerk said.

Kaplan granted in part a motion to dismiss certain individual claims. The judge planned to publish a written ruling, but the timing was not known.

"We are pleased that the judge granted our motion to dismiss in its entirety," McGraw-Hill Companies spokesman Steven Weiss said in a statement.

Standard & Poor's spokesman Ed Sweeney issued an identical statement.

The case is Lehman Brothers Mortgage-Backed Securities Litigation, U.S. District Court for the Southern District of New York, No. 08-6762 (Reporting by Grant McCool. Editing by Robert MacMillan)