Fitch Ratings is becoming more comfortable with rating transactions that include loans underwritten with alternative credit scoring data. For example, the rating agency is developing procedures to handle loans of these attributes for residential-backed mortgage securities (RMBS), Ryan O’Loughlin, senior director at Fitch, said during a recent company webinar on alternative credit scores and private-label RMBS. “Fitch is currently comfortable if it was to see or be shown transactions or […]
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