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Fitch Reviews Proposed Servicing Transfer of First Horizon RMBS



  Fitch Reviews Proposed Servicing Transfer of First Horizon RMBS

Business Wire

NEW YORK -- November 20, 2013

Fitch Ratings has been requested to provide confirmation letters on RMBS
transactions in a proposed Mortgage Servicing Transfer (MSR) from First
Tennessee Bank National Association, as successor by merger to First Horizon
Home Loans Corporation (First Horizon) to Nationstar Mortgage LLC
(Nationstar). The transfer is anticipated to occur by Nov. 30, 2013.

The initial list contains approximately 82 transactions which First Horizon
has identified as being rated by Fitch and will be included in the proposed
transfer. Fitch will conduct its analysis on the transactions and expects to
provide feedback shortly.

The ratings confirmation, if issued, will only address the effect of
transferring the servicing from First Horizon to Nationstar. 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.

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
Roelof Slump, +1-212-908-0705
Managing Director
or
Media Relations
Sendhil Selvaraj, +44 (0) 207 682 7218
sendhil.selvaraj@fitchratings.com
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