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Fitch Affirms 1 Class From Washington Federal Savings & Loan Association.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
 has affirmed the following Washington Federal Savings Washington Federal Savings is the savings and loan subsidiary of Washington Federal, Inc., a bank holding company based in Seattle, Washington that trades on the NASDAQ under the symbol WFSL. It has operations in Washington, Idaho, Oregon, Nevada, Utah, Arizona, and Texas.  and Loan (WFSL) mortgage pass-through certificate:

Series 2001-01

--Class A10 affirmed at 'AAA'.

The underlying collateral for this transaction consists of conventional, fully amortizing 30-year fixed-rate mortgage loans secured by first liens on one- to four-family residential properties.

The affirmation reflects a satisfactory credit enhancement (CE) relationship to future loss expectations and affects approximately $7.9 million in outstanding certificates. CE for the affirmed class has grown more than 10 times its original amount. As of the January 2008 distribution date, this deal was 82 months seasoned with a pool factor (current principal balance as a percentage of original balance) of 3%.

Further information regarding current delinquency, loss and credit enhancement statistics is available on the Fitch Ratings web site at www.fitchratings.com.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
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Publication:Business Wire
Date:Jan 30, 2008
Words:198
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