Fitch’s New Credit Enhancement Model Enables MBS Issuers to Mix and Match to Improve Pools
November 1, 2002
An upgraded residential mortgage credit enhancement model by Fitch Ratings will provide residential MBS issuers with much more flexibility in devising pooling strategies, according to the ratings agency. Version 5.0 of the credit enhancement model will be much more accurate in assessing the risk characteristics than the current version. And for the first time, originators will be able to assess