Fitch Consolidates Key MBS Ratings Criteria in Master Criteria, Tweaks Grading, Tiering Systems
July 11, 2014
Fitch Ratings has consolidated a number of key rating drivers into updated master rating criteria for residential MBS backed by newly originated and seasoned residential mortgages. The latest report replaces the July 2013 RMBS criteria, and while no material changes have been made to the overarching process, a few tweaks have been made. The important rating drivers that were incorporated include...