Fitch Affirms 3 Classes from 3 GEMICO-Backed RMBS Transactions.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 has taken rating actions on three residential mortgage-backed securities (RMBS RMBS Residential Mortgage-Backed Securities RMBS Rambus, Inc. (NASDAQ stock symbol) RMBS Russian Mortgage-Backed Securities ) transactions where Genworth Mortgage Insurance Corporation (GEMICO) is either the sole provider of credit enhancement or partial credit support provider, as follows: Ryland Mortgage Securities Corp. Household Trust, Series 1991-1 -- Class A affirmed at 'AAA'. Ryland Mortgage Securities Corp. FBS FBS abbr. fasting blood sugar FBS Fasting blood sugar. See Fasting glucose. Mortgage Corp. Trust, Series 1992-1 -- Class A affirmed at 'AAA'. Structured Mortgage Asset Residential Trust, Series 1991-2 -- Class A affirmed at 'AAA'. The affirmations reflect credit enhancement (CE) consistent with future loss expectations and affect approximately $896,613 in outstanding principal. Additionally, these actions take into consideration the mortgage insurance policy provided by GEMICO. 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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