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Fitch Adds MH Deal Tracker.

Mortgage Servicing News

| May 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Fitch Ratings has added manufactured housing-related transactions to its RMBS Deal Tracker, a Web-based product that provides investors with an array of original deal collateral attributes on Fitch-rated residential mortgage-backed securities and mortgage-related asset-backed securities.

Fitch said it is the first rating agency to offer such a product. The service already includes data on prime and subprime mortgage-backed securities.

"With the addition of manufactured housing transactions to Deal Tracker, Fitch now provides investors with a comprehensive resource of original collateral attributes for comparative and trend analysis purposes," said Joanne Scatassa, managing director at Fitch ratings.

"We welcome investor feedback on Deal Tracker as we continue to develop enhancements for the product," she added.

RMBS Deal Tracker can be downloaded as an Excel-based spreadsheet. The data points made available through this product include average balance, LTV and FICO distributions, property type, occupancy type, documentation type and geographic distribution, as well as deal credit enhancement levels. RMBS Deal Tracker is now available for transactions that Fitch ...

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