OREANDA-NEWS. Fitch Ratings has assigned expected ratings to Jiamei 2016-1 Residential Mortgage-Backed Securities' (Jiamei 2016-1). The issuance consists of notes backed by residential mortgages in China originated by Postal Savings Bank of China (PSB).

The ratings of the class A1, A2, and A3 notes (together the class A notes) address the timely payment of interest and ultimate payment of principal. The rating of the Class B notes addresses the ultimate payment of interest and ultimate payment of principal.