Fitch Publishes New Issue Report on CEDEVIS 13U

MONTERREY, Mexico--()--On Jan. 22, 2013, Fitch Ratings assigned an 'AAA(mex)' rating to CEDEVIS 13U and an 'AA(mex)' to the subordinated instrument.

This is INFONAVIT's first RMBS in 2013 which is part of a MXP10 billion program. As of today, Fitch rates 24 INFONAVIT sponsored transactions under the CEDEVIS program, all senior notes are rated 'AAA(mex)', and are backed by 'INFONAVIT Tradicional' mortgage loans. The report provides a detailed up-to-date perspective on key credit characteristics of this issuance, such as the quality of the mortgage portfolio, credit enhancements, underwriting and servicing capabilities of the originator, as well as the financial and legal structure of the transaction.

For more information please refer to the press release titled 'Fitch califica 'AAA(mex)vra' los CEDEVIS 13U'.

The report and the press release are available at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: CEDEVIS13U

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=700670

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Contacts

Fitch Ratings
Georgina Alarcon
Analyst
Fitch Mexico SA de CV
Prol. Alfonso Reyes 2612, Edificio Connexity Piso 8
Col. Del Paseo Residencial
64920 Monterrey, N.L., Mexico
or
Rene Ibarra
Senior Director
Greg Kabance
Managing Director
+1-312-368-2052
or
Media Relations
Sandro Scenga
+1-212-908-0278
sandro.scenga@fitchratings.com

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Contacts

Fitch Ratings
Georgina Alarcon
Analyst
Fitch Mexico SA de CV
Prol. Alfonso Reyes 2612, Edificio Connexity Piso 8
Col. Del Paseo Residencial
64920 Monterrey, N.L., Mexico
or
Rene Ibarra
Senior Director
Greg Kabance
Managing Director
+1-312-368-2052
or
Media Relations
Sandro Scenga
+1-212-908-0278
sandro.scenga@fitchratings.com