Fitch Withdraws Ratings on Two Bayview Fin'l Revolving Asset Trusts

NEW YORK--()--Fitch Ratings has affirmed and subsequently withdrawn the ratings on 16 classes of Bayview Financial Revolving Asset Trust (BFAT) 2005-A and 2005-E due to lack of investor interest.

Fitch's rating actions are as follows:

Bayview Financial Revolving Asset Trust 2005-A

--Class A1 (073250BM3) affirmed at 'CCCsf/RE NC' and withdrawn;

--Class A2A (073250BN1) affirmed at 'CCCsf/RE NC' and withdrawn;

--Class A2B (073250BP6) affirmed at 'CCsf/RE NC' and withdrawn;

--Class M1 (073250BQ4) affirmed at 'Csf/RE NC' and withdrawn;

--Class M2 (073250BR2) affirmed at 'Csf/RE NC' and withdrawn;

--Class M3 (073250BS0) affirmed at 'Csf/RE NC' and withdrawn;

--Class B1 (073250BT8) affirmed at 'Csf/RE NC' and withdrawn;

--Class B2 (073250BU5) affirmed at 'Csf/RE NC' and withdrawn.

Bayview Financial Revolving Asset Trust 2005-E

--Class A1 (073250BV3) affirmed at 'CCCsf/RE NC' and withdrawn;

--Class A2A (073250CB6) affirmed at 'CCCsf/RE NC' and withdrawn;

--Class A2B (073250CC4) affirmed at 'CCsf/RE NC' and withdrawn;

--Class M1 (073250BW1) affirmed at 'Csf/RE NC' and withdrawn;

--Class M2 (073250BX9) affirmed at 'Csf/RE NC' and withdrawn;

--Class M3 (073250BY7) affirmed at 'Csf/RE NC' and withdrawn;

--Class B1 (073250BZ4) affirmed at 'Csf/RE NC' and withdrawn;

--Class B2 (073250CA8) affirmed at 'Csf/RE NC' and withdrawn.

These actions were reviewed by a committee of Fitch analysts.

Additional information is available at 'www.fitchratings.com'.The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'U.S. RMBS Surveillance Criteria' (Oct. 11, 2012);

--'Global Structured Finance Rating Criteria' (June 6, 2012).

Applicable Criteria and Related Research:

U.S. RMBS Surveillance Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=691057

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923

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Contacts

Fitch Ratings
Performance Analyst
Susan Hosterman
Director
susan.hosterman@fitchratings.com
Fitch Inc.
1 State Street Plaza
New York, NY 10004
or
Committee Chairperson
Grant Bailey
Managing Director
grant.bailey@fitchratings.com
or
Media Relations
Sandro Scenga, New York, +1-212-908-0278
sandro.scenga@fitchratings.com

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Contacts

Fitch Ratings
Performance Analyst
Susan Hosterman
Director
susan.hosterman@fitchratings.com
Fitch Inc.
1 State Street Plaza
New York, NY 10004
or
Committee Chairperson
Grant Bailey
Managing Director
grant.bailey@fitchratings.com
or
Media Relations
Sandro Scenga, New York, +1-212-908-0278
sandro.scenga@fitchratings.com