OREANDA-NEWS. June 23, 2015. Fitch Ratings has updated its criteria for analysing securities backed by Swiss residential mortgage loans.

The assumptions are used for rating new and existing RMBS transactions as well as mortgage covered bond programmes.

The criteria addendum replaces the report of the same name dated 31 March 2015.

There have not been any changes in the criteria assumptions and the update does not have any impact on existing ratings.

More information is available in the report, 'Criteria Addendum: Switzerland - Residential Mortgage Assumptions', which is available at www.fitchratings.com or by clicking the link above.