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Fitch Introduces 'Large Loan Index'.(Brief Article)
Fitch has introduced the "Fitch Large Loan Index" (FLLEX), a scoring system developed to give investors an indication about the credit risk of individual commercial mortgage loans within large loan transactions rated by Fitch.
As part of the FLLEX scoring system, Fitch will provide additional information, commentary and graphics on the transaction and on individual loans, which will allow users to track loan level performance and help them anticipate upward or downward trends in bond level performance, Fitch said.
Dian Lans, senior director, Fitch, said, "The FLLEX score will reflect the change in performance on an ...
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