Fitch Adds Subprime RMBS Data by Issuer

Published October 28, 2004, 2:00 p.m. EDT

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Fitch Ratings has announced the addition of performance data for select issuers to its Performance Indices for the U.S. subprime residential mortgage-backed securities sector.The subprime issuers were chosen based on 2000-2003 issuance volume, and Fitch developed a performance index for each of the issuers' RMBS transactions going back to 1998, the rating agency said. The indices are segmented by product type (fixed- and adjustable-rate mortgages) and will be updated quarterly, beginning in October. Fitch can be found online at http://www.fitchratings.com.

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