NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed two classes of notes from Banc of America Funding 2012-R4 Trust (BAFC 2012-R4) and Banc of America Funding 2012-R5 Ltd. (BAFC 2012-R5). The Rating Outlook is Stable. KEY RATING DRIVERS The affirmations are attributed to the stable performance of the underlying portfolios and the continued principal amortization of the notes since Fitch's last review in July 2014, which is in line with the projections at closing. The class A notes of BAFC 201
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