February 2005
National Mortgage News;2/28/2005, Vol. 29 Issue 23, p11
Trade Publication
This article reports that two classes in Citigroup Mortgage Loan Trust, series 2003-1, have been downgraded by Fitch Ratings Inc. Class WB-4 of group W was downgraded from BB to BB-minus, and class WB-5 was downgraded from B to CCC. In addition. Fitch affirmed the ratings on 10 other classes in the deal. As of the December distribution date, the approximately $63,000 in realized losses in group W were absorbed by the nonrated WB- 6 class. Fitch reported.


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