NEW YORK--(BUSINESS WIRE)--
Fitch Ratings has been requested to provide confirmation letters on RMBS transactions in a proposed Mortgage Servicing Transfer (MSR) from First Tennessee Bank National Association, as successor by merger to First Horizon Home Loans Corporation (First Horizon) to Nationstar Mortgage LLC (Nationstar). The transfer is anticipated to occur by Nov. 30, 2013.
The initial list contains approximately 82 transactions which First Horizon has identified as being rated by Fitch and will be included in the proposed transfer. Fitch will conduct its analysis on the transactions and expects to provide feedback shortly.
The ratings confirmation, if issued, will only address the effect of transferring the servicing from First Horizon to Nationstar. It will not address whether the transfer is permitted by the terms of the transaction documents, nor will it address whether it is in the best interests of, or prejudicial to, some or all of the holders of the securities.
Additional information is available at 'www.fitchratings.com'.
- Security Upgrades & Downgrades
- Fitch Ratings
Natasha Hanson, +1-212-908-0272
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
Roelof Slump, +1-212-908-0705
Sendhil Selvaraj, +44 (0) 207 682 7218