Fitch Publishes U.S. RMBS Aggregator/Originator Assessment Report

NEW YORK--()--Fitch Ratings has published a special report containing operational assessments of U.S. residential loan aggregators and originators. This report provides assessments of 24 entities, covering company and management experience, risk management/quality control, sourcing and acquisition of assets, underwriting/credit evaluation, property valuation, and performance history.

As part of its operational review effort, and in conjunction with its RMBS rating process, Fitch holds full reviews and/or targeted discussions with originators and aggregators prior to RMBS bond issuance. Fitch transaction presale reports had previously contained assessments on individual subject aggregators and originators; today's release serves to consolidate the assessments into one report.

Fitch expects to update the U.S. RMBS Aggregator/Originator report over time with changes to individual assessments and with the addition of newly reviewed entities.

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

U.S. RMBS Aggregator/Originator Review

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=880316

Applicable Criteria

U.S. RMBS Master Rating Criteria (pub. 21 Jan 2016)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=876378

Related Research

U.S. RMBS Servicer Handbook (Servicing At A Glance)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=879064

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. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Contacts

Fitch Ratings, Inc.
Roelof Slump
Managing Director
+1-212-908-0705
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Harrison Okin
Associate Analyst
+1-212-908-9168
or
Media Relations
Alyssa Castelli, +1-212-908-0540
alyssa.castelli@fitchratings.com
Elizabeth Fogerty, +1-212-908-0526
elizabeth.fogerty@fitchratings.com

Contacts

Fitch Ratings, Inc.
Roelof Slump
Managing Director
+1-212-908-0705
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Harrison Okin
Associate Analyst
+1-212-908-9168
or
Media Relations
Alyssa Castelli, +1-212-908-0540
alyssa.castelli@fitchratings.com
Elizabeth Fogerty, +1-212-908-0526
elizabeth.fogerty@fitchratings.com