05.11.2015 19:36:00
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Moody's: Sub-servicing transfer to Shellpoint from Bank of America, N.A has no negative ratings impact on 7 US RMBS transactions
New York, November 05, 2015 -- Moody's Investors Service ("Moody's") stated today that the appointment by Bank of America, N.A. ("BOA") of Shellpoint Mortgage Servicing ("Shellpoint") as a sub-servicer for 7 US RMBS transactions will not, in and of itself and at this time, result in a reduction or withdrawal of the current ratings on the securities issued by this transaction.