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Fitch Publishes Presale Report on HITOTAL 10U.

MEXICO CITY -- Fitch Ratings has issued a New Issue report on HITOTAL 10U, whose collateral is originated under INFONAVIT's Total program by Instituto Del Fondo Nacional De La Vivienda Para Los Trabajadores (INFONAVIT).

The transaction is placed in the market through HITOTAL consecutive offerings, with similar characteristics, until it reaches the total amount of the issuance, and is done under a annually revolving program of MXP100 billion or its correspondent value in UDIS. The current placement amount is MXP1.5 billion. To date, INFONAVIT has issued a total of 27 transactions in the local market, 22 of which are rated by Fitch.

The report provides a detailed and up-to-date perspective on key credit characteristics of the HITOTAL 10U transaction, such as the quality of the mortgage portfolio, credit enhancement, underwriting and servicing capabilities of the originator, as well as the financial and legal structure of the transaction.

The report is available at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: HITOTAL 10U

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=587505

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE '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 ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
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Publication:Business Wire
Geographic Code:1MEX
Date:Jan 10, 2011
Words:325
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