TEXT-Moody's release on Bear Stearns deal

(Reuters) - The underlying pools in the transaction are below the overcollateralization
target as of the 6/25/2007 reporting date. Complete rating actions are as
follows: Issuer: Bear Stearns Asset Backed Securities I Trust Review for
possible downgrade: Series 2004-BO1; Class M-6, current rating Baa1, under
review for possible downgrade; Series 2004-BO1; Class M-7, current rating Baa2,
under review for possible downgrade; Series 2004-BO1; Class M-8, current rating
Baa3, under review for possible downgrade.




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