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Fitch Updates U.S. RMBS Loan Loss Model Criteria

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has updated its criteria for estimating losses on U.S. mortgage pools for RMBS transactions, 'U.S. RMBS Loan Loss Model Criteria.' The core principle of the framework remains the interaction between borrower equity and market value declines in determining expected loss for each loan. In addition, the methodology accounts for both loan level attributes and macroeconomic factors in deriving loss expectations. While the model's core methodology has not chan

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