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Fitch Finds Support For U.S. Prime RMBS Loss Model

Fitch Ratings says it has received positive feedback for its proposed U.S. residential mortgage-backed securities rating criteria.

Fitch Ratings says it has received positive feedback for its proposed U.S. residential mortgage-backed securities rating criteria. The rating agency that the vast majority of respondents supported its plan to implement “a more forward-looking and countercyclical modeling framework” based on projected home price movements “where credit enhancement increases as risk enters the system and declines when risk is neutralizing.”

Click here to read the release from Fitch.

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