Fitch Releases New Study on Structured Finance Credit Metrics (Business Wire)

Wednesday July 23, 11:37 am ET NEW YORK--(BUSINESS WIRE)--Evaluating the fundamental credit quality of underlying assets is a critical component of structured finance analysis and involves both qualitative and quantitative assessments of loan-level and portfolio level credit risk attributes. A new study published by Fitch Ratings describes key quantitative credit metrics examined across residential mortgages, commercial mortgages, credit cards, student loans and auto loans. 'On a loan-level, structured credit metrics include among others, measures of borrower credit quality, debt repayment capacity and collateral, and on a pool level, measures of portfolio risk such as borrower and sector concentrations,' said Martin Hansen, Senior Director of Fitch Credit Market Research. 'These metrics inform the estimation of expected and... [read full story]