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Fitch Reviews Proposed Servicing Transfer of BANA RMBS to SPS



  Fitch Reviews Proposed Servicing Transfer of BANA RMBS to SPS

Business Wire

NEW YORK -- September 25, 2013

Fitch Ratings has been requested to provide confirmation letters on RMBS
transactions in a proposed mortgage servicing transfer from Bank of America,
N.A. (BANA) to Select Portfolio Servicing (SPS). The transfers are expected to
occur in two phases, on or about Oct. 31 and Nov. 15.

Fitch was requested by BANA to provide rating confirmation letters on an
initial list of three transactions which BANA has identified as being rated by
Fitch and will be included in the proposed transfer. Fitch will conduct its
analysis on the transactions included in the transfer and expects to provide
feedback shortly.

The ratings confirmation, if issued, will only address the effect of
transferring the servicing from BANA to SPS. It will not address whether the
transfer is permitted by the terms of the transaction documents, nor will it
address whether it is in the best interests of, or prejudicial to, some or all
of the holders of the securities.

The Fitch rated transactions requiring a confirmation are:

FFML 2005-FFH3
FFML 2005-FFH4
FFML 2006-FFH1

Additional information is available at www.fitchratings.com.

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. FITCH MAY HAVE PROVIDED ANOTHER
PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS
OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN
EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER
ON THE FITCH WEBSITE.

Contact:

Fitch Ratings
Natasha Hanson, +1-212-908-0272
Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Diane Pendley, +1-212-908-0777
Managing Director
or
Media Relations:
Sandro Scenga, +1-212-908-0278
sandro.scenga@fitchratings.com
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