Bangkok--30 Sep--Fitch Ratings Fitch Ratings has today published a special report answering frequently asked questions on Asian RMBS in response to investors' enquiries. As Asian RMBS develops, Fitch has seen an increasing acceptance of Asian RMBS by domestic and international investors in the past five years. The agency adopts rating methodologies similar to those for the European and US RMBS to analyse Asian RMBS, whose credit enhancement level is mainly driven by the default probability and loss severity of each individual loan. In most of Asia, the loan-to-value ratio and other loan characteristics (i.e. the borrower's employment status, level of loan documentation, etc) are the key drivers of an individual loan's default probability, while Fitch's market value decline assumptions, which are developed based on the historical price trends and volatilities of different property types in different regions, are the main drivers of an individual loan's loss severity. Apart from the agency's RMBS rating methodology, other issues like rating above the sovereign ceiling, swap documentation, set-off risk as well as differentiation between static and dynamic pools are also addressed in the special report, "Asian RMBS - 10 Frequently Asked Questions", which is available on Fitch's web site at www.fitchratings.com.Contacts: Henry Hung, Taipei, +886 2 8175 7612; Stan Ho, Hong Kong, +852 2263 9668; Ben McCarthy, Sydney, +61 2 8256 0388. Media Relations: Lisa Lim, Singapore, Tel: +65 6796 7214. Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.