NEW YORK--(BUSINESS WIRE)--In its August 2014 update, Fitch Ratings coverage has grown by over 3,700 CUSIPS, an increase of 4% from the prior list. The snapshot, intended to provide handy and useful RMBS servicer data, includes a description of all Fitch-rated servicers, their current servicer ratings and key rating drivers, their portfolio size, important trends, links to the full RMBS servicer reports, and key contact information. The snapshot also provides the names of RMBS servicers currently assigned to transactions in an easy to use CUSIP reference format.
The August 2014 update also includes the following new information:
-- An assignment of rating and descriptive detail for mortgage servicer Statebridge Company, LLC (newly rated by Fitch).
-- An affirmation of Ocwen Loan Servicing, LLC primary, special, and master servicer ratings.
-- An affirmation of Residential Credit Solutions, Inc. primary and special servicer ratings.
-- A publication of updated servicer report for PNC Mortgage, a division of PNC Bank, NA.
-- A publication of updated servicer report for Deval, LLC.
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. 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: U.S. RMBS August Snapshot