Fitch Updates Global Rating Criteria for Non-Performing Loan Securitisations
OREANDA-NEWS. Fitch Ratings has updated its global criteria report outlining the methodology used to analyse non-performing loan transactions. Fitch does not expect any rating impact on existing transactions.
The report updates and replaces the prior criteria report of the same name, dated 22 January
The criteria now also provide an analytical framework for transactions where the repayment of particular tranches is heavily reliant on the available "cash in court". There have been no other material changes.