NEW YORK--(BUSINESS WIRE)--Fitch Ratings has updated its RMBS servicer snapshot report; the July 2014 update includes the following:
-- Publication of First Republic Bank's servicer report (newly rated by Fitch).
-- Assignment of ratings and descriptive detail for the reverse mortgage servicer Deval, LLC (newly rated by Fitch).
-- Updated servicer report for Central Mortgage Co.
-- Updated servicer report for Select Portfolio Servicing, LLC.
-- Affirmation of PNC Mortgage Services ratings.
Fitch's report also includes servicer identification at the cusip level, for Primary, Master and Subservicer entities.
Fitch's servicer snapshot reports provide a description of all Fitch rated servicers, current servicer ratings and key rating drivers, portfolio size per servicer and trend information, and analyst contact detail and links to full RMBS servicer reports. The snapshot also provides the names of RMBS servicers currently assigned to transactions in an easy to use cusip reference format.
Fitch provides regular updates to its snapshot report, including any rating actions or significant servicer changes. All servicer identification and portfolio size data is updated on a quarterly basis. Fitch expects to update the portfolio size data with the August 2014 release of this report. The servicer snapshot is available at 'www.fitchratings.com' or by clicking the above link.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: Fitch US RMBS Servicer Snapshot Report
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=753548
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