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Fitch-rated residential mortgage-backed securities transactions have continued to experience extremely low levels of realised losses since closing and an increasing lenders’ mortgage insurance (LMI) payment ratio since 4Q12. Excess spread was sufficient to cover principal shortfalls during 1Q17.

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘AA’ rating to the following state of Oklahoma, Oklahoma Development Finance Authority (ODFA), Oklahoma state system of higher education, master equipment lease revenue refunding bonds (subject to annual appropriation).

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