NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed 12 classes of RFC CDO 2007-1 (2007-1). Fitch has also withdrawn all ratings due to a lack of relevancy. A detailed list of rating actions follows at the end of this release. KEY RATING DRIVERS The CDO is significantly undercollateralized with liabilities exceeding collateral by approximately $400 million. All outstanding classes are also undercollateralized. Additionally, Fitch remains concerned over a default in the payment of timely intere
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