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Article: Fitch Rates WaMu's Series 2003-XSF1 First Excess Servicing Fee Deal.
- Article from:
- Business Wire
- Article date:
- July 31, 2003
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Business Editors
NEW YORK--(BUSINESS WIRE)--July 31, 2003
Fitch rates Washington Mutual Mortgage Securities Corp.'s (WaMu) mortgage pass-through certificates, series 2003-XSF1 classes 1 through 6 'AAA'. The fifteen certificates are privately offered under rule 144(a) and have a combined notional balance of $175,396,934. Each certificate is backed by excess yield interests from one of 18 underlying WaMu 15-year and 30-year fixed-rate transactions issued since October 2002. The collateral in the underlying transactions consist of 14,797 fixed-rate mortgage loans, with an aggregate principal balance of $6,761,957,434.
The 'AAA' ratings on the ...