NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: U.S. RMBS Qualified and Non-Qualified
Mortgage Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=863837
Fitch Ratings has updated its criteria for analyzing loans securing residential mortgage-backed securities (RMBS) under the ability-to-repay and qualified mortgage standards that the Bureau of Consumer Financial Protection adopted as part of its amendments to Regulation Z under the Truth in Lending Act (the Rule).
This criteria report replaces Fitch's March 2014 report of the same name. No changes have been made to the criteria, which remain applicable to Fitch's analysis of all U.S. residential mortgages subject to the Rule.
The criteria are detailed in the full report, which is available at the above link and should be read in conjunction with Fitch's 'U.S. RMBS Loan Loss Model Criteria' and 'U.S. RMBS Master Rating Criteria'.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
--'U.S. RMBS Loan Loss Model Criteria' (November 2014);
--'U.S. RMBS Master Rating Criteria' (July 2014);
--'Counterparty Criteria for Structured Finance and Covered Bonds' (May 2014);
--'Counterparty Criteria for Structured Finance and Covered Bonds: Derivative Addendum' (May 2014);
--'Global Structured Finance Rating Criteria' (May 2014).
Applicable Criteria and Related Research:
U.S. RMBS Loan Loss Model Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=810788
U.S. RMBS Master Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=750719
Counterparty Criteria for Structured Finance and Covered Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=744158
Counterparty Criteria for Structured Finance and Covered Bonds: Derivative Addendum
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=744175
Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=754389
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