Fitch Updates U.S. RMBS Cash Flow Analysis Criteria

NEW YORK--()--Link to Fitch Ratings' Report: U.S. RMBS Cash Flow Analysis Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=746027

Fitch Ratings has updated its criteria report 'U.S. RMBS Cash Flow Analysis Criteria.' The report updates and replaces the report with the same title dated April 2013. The criteria remain fundamentally unchanged, and there is no impact on the outstanding residential mortgage backed securities (RMBS) transactions currently rated by Fitch.

The criteria report summarizes Fitch's current criteria for analyzing the structure of RMBS transactions. The criteria take into account the structural features such as triggers and payment priority as well as the impact of default and prepayment timing.

The key risk drivers in Fitch's analysis of U.S. RMBS cash flows include the following:

--The timing of defaults;

--The timing of prepayments;

--Residual exposure to interest rate movements.

The report is available at 'www.fitchratings.com' or by clicking on the link above.

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

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Contacts

Fitch Ratings
Suzanne Mistretta, +1-212-908-0639
Senior Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Christine Yan, +1-212-908-0838
Director
or
Media Relations
Sandro Scenga, +1-212-908-0278 (New York)
sandro.scenga@fitchratings.com

Contacts

Fitch Ratings
Suzanne Mistretta, +1-212-908-0639
Senior Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Christine Yan, +1-212-908-0838
Director
or
Media Relations
Sandro Scenga, +1-212-908-0278 (New York)
sandro.scenga@fitchratings.com