...Bank of America, N.A. (BANA), a subsidiary of Bank of America Corporation (BAC), has been servicing residential loans for more than 45 years. BANA is an approved servicer for Fannie Mae, Freddie Mac and Ginnie Mae securities. BANAs servicing operations are headquartered in Calabasas, CA, with servicing sites in 27 other cities in the U.S. In addition, BANA utilizes captive service providers in Mumbai, Gurgoan and Hyderabad, India; San Jose, Costa Rica; and Tlaquepaque and Guadalajara, Mexico. The revision to a Stable from a Negative Rating Outlook for the servicer ratings is due to notable improvement in BANAs internal audit, Regulation AB (Reg AB) and Uniform Single Attestation Program for Mortgage Bankers (USAP) results since Fitch Ratings prior review....
