Fitch Affirms PHH's U.S. RMBS Servicer Ratings at 'RPS2'; Withdraws Ratings
--Primary servicer rating for prime product at 'RPS2';Outlook Negative
--Primary servicer rating for Alt-A product at 'RPS2';Outlook negative
--Primary servicer rating for HELOC product at 'RPS2';Outlook Negative
--Primary specialty servicer rating for sub-servicer product at 'RPS2'; Outlook Negative
Fitch has removed all ratings from Outlook Negative and withdrawn PHH Mortgage's ratings for commercial reasons.
The ratings are being withdrawn in accordance with Fitch's criteria: 'Rating Criteria for U.S. Residential and Small Balance Commercial Mortgage Servicers' and 'Rating Criteria for Structured Finance Servicers'.
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