Fitch Publishes December RMBS Mortgage Servicer Snapshot

Link to Fitch Ratings' Report: Monthly RMBS Servicer Snapshot
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=846948

Fitch Ratings has published its RMBS Mortgage Servicer Snapshot for December 2014. The report includes an industry-focused article on loan modification loss reporting associated with principal forbearance modifications within U.S. residential mortgage servicing. This article is incorporated in the 'Topic Spotlight' section of the servicer snapshot.

The December 2014 report also includes:

--The affirmation of Bayview Loan Servicing, LLC primary and small balance commercial ratings at 'RSS2+/SBPS2+/SBSS2+', Stable Outlook.

--The affirmation of Carrington Mortgage Services, LLC primary servicer ratings at 'RPS3/RSS3', Stable Outlook.

--The affirmation of Cenlar, FSB primary servicer ratings at 'RPS2', Stable Outlook.

--The affirmation of CitiMortgage, Inc primary and master servicer ratings at 'RPS2+/RMS1', Stable Outlook.

--The affirmation of HomeStreet Bank primary servicer ratings at 'RPS3-', Positive Outlook.

-- The affirmation of JPMorgan Chase Bank, NA primary and master servicer ratings at 'RPS2+/RSS2+/RMS2', Stable Outlook.

-- The affirmation of Selene Finance LP primary servicer ratings at 'RPS3+/RSS3+', Stable Outlook.

-- The affirmation of Specialized Loan Servicing, LLC primary servicer ratings at 'RPS2/RSS2', Positive Outlook.

Also included is publication of the servicer report for Wells Fargo Home Mortgage.

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'.

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
Natasha Aikins, +1-212-908-0272
Director
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Roelof Slump, +1-212-908-0705
Managing Director
or
Elizabeth Fogerty, +1-212-908-0526
Media Relations, New York
elizabeth.fogerty@fitchratings.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.