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Fitch Places 48 U.S. RMBS Classes on Watch Positive Ahead of Countrywide Settlement Payout

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has placed 48 U.S. RMBS classes on Rating Watch Positive in anticipation of potential future upgrades related to pending payouts from the $8.5 billion Countrywide/Bank of America settlement. A spreadsheet detailing Fitch's rating actions can be found at 'www.fitchratings.com' by performing a title search for 'U.S. RMBS Rating Watch Positive Actions for July 28, 2015'. KEY RATING DRIVERS The Rating Watch Positive designations reflect the potential for inc

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