Fitch Publishes Third Edition of U.S. RMBS Servicer Handbook

NEW YORK--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: U.S. RMBS Servicer Handbook - Third Edition

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=876069

Fitch Ratings has published its third U.S. RMBS Mortgage Servicer Handbook, which includes quarterly servicer-provided data through September 2015.

Observations from this latest release indicate:

--Servicers continue to be focused on opportunities to maintain scale, including MSR purchases and origination activities.

--Loan originations at First Republic Bank, Homestreet Bank, and Shellpoint Mortgage Servicing contributed toward servicing portfolio growth at these entities.

--Temporary staffing has declined after an earlier build up in response to regulatory change.

--With the exception of BONY Mellon, master-servicing staffing has declined in response to portfolio runoff.

The Handbook continues to provide detailed entity-specific information on most Fitch-rated RMBS servicers, as well as a comprehensive rating and outlook report.

Handbook details include a description of all Fitch-rated RMBS servicers, their current servicer ratings and key rating drivers, portfolio size and key attributes, important trends, links to the full RMBS servicer reports, and Fitch analyst contact information.

The U.S. RMBS Mortgage Servicer Handbook is available at 'www.fitchratings.com' or by clicking the above link.

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

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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151223005737/en/

Fitch Ratings
Roelof Slump
Managing Director
+1-212-908-0705
33 Whitehall St.
New York, NY 10004
or
Zoya Ramzanali
Analyst
+1-212-612-7796
or
Media Relations
Elizabeth Fogerty, +1 212-908-0526
[email protected]

Source: Fitch Ratings

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Slumber Launches a Complete Sleep System: Magnesium Glycinate and Upgraded Deep Zzzs Formulas
• RetailFirst Rebrands as BusinessFirst, Strengthens Future Through New Partnership
• Exyn Defense to Showcase Mission-Ready Autonomous Robotics at the 2026 Pennsylvania Defense & Innovation Summit