NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Fitch Releases its September 2014 RMBS Servicer Snapshot Report
Fitch Ratings has updated its monthly RMBS snapshot report for servicer rating actions and published reports during the month of September. The September 2014 update includes:
-- Publication of the servicer report for Statebridge Company, LLC, newly rated by Fitch.
-- An affirmation of Wells Fargo Bank N.A. master servicer rating at 'RMS1', Stable Outlook.
-- A downgrade of Bank of New York Mellon's master servicer rating to 'RMS1-' from 'RMS1'. The Rating Outlook is Stable.
-- A downgrade of Everbank FSA primary servicer rating to 'RPS3' from 'RPS3+'; removed from Negative Watch; assigned Stable Outlook.
-- A withdrawal of Homeward Residential servicer ratings.
The snapshot, intended to provide useful RMBS servicer data, includes a description of all Fitch rated servicers, their current servicer ratings and key rating drivers, portfolio size, important trends, links to the full RMBS servicer reports, and Fitch analyst contact information. 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. The servicer snapshot is available at 'www.fitchratings.com' or by clicking the above link.
Additional information is available at 'www.fitchratings.com'.