24.03.2015 19:29:00
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JPMorgan Mortgage Acquisition Trust -- Moody's assesses JPMorgan Mortgage Acquisition Corp. as an Above Average aggregator of prime jumbo residential mortgage loans
New York, March 24, 2015 -- Moody's Investors Services has assessed JPMorgan Mortgage Acquisition Corp. (JPMMAC) as an aggregator of prime jumbo residential mortgage loans to be 'Above Average,' based on several underlying components. In the assessment, Moody's reviewed JPMMAC's loan performance and aggregator ability, which among other things included analyzing its ability to accurately assess borrowers' willingness and ability to repay their mortgage loans, its ability to accurately and objectively assess property value and its ability to acquire loans that closed in accordance with laws and regulations. Finally, the assessment also took into account JPMMAC's financial strength and support functions to determine its aggregator stability.