OMI Trust 2002-A Class A-2 Rating Lowered To 'D (sf)' Then Withdrawn

CENTENNIAL (S&P Global Ratings) March 27, 2020--S&P Global Ratings today lowered its rating on OMI Trust 2002-A's class A-2 notes to 'D (sf)' from 'CC (sf)'. We subsequently withdrew the rating.
OMI Trust 2002-A is an ABS transaction backed by fixed-rate manufactured housing loans.
The downgrade followed the transaction's failure to make full principal payment on the class A-2 notes on the notes' final maturity date, March 15, 2020.
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