Communication among investors in non-agency MBS looks to be increasingly important. Fitch Ratings has included an assessment of a deal’s bondholder communication platform in revised criteria for residential MBS while the Structured Finance Industry Group continues to work on recommendations for bondholder communication. “Fitch views the inclusion of a bondholder communication platform as a best practice for rep-and-warrant frameworks, particularly in transactions that rely on bondholder votes to influence rep-and-warrant review decisions,” the rating service said. Fitch said...