...JPMorgan Chase Bank, N.A. (Chase) is a wholly owned subsidiary of JPMorgan Chase & Co. Washington Mutual Mortgage Securities Corp. (WMMSC), a subsidiary of Chase, continues to be the legal entity overseeing Chase's master servicing activities. The master servicing operation is located in Columbus, OH. As of Sept. 30, 2016, WMMSC's portfolio consisted of more than 22,900 loans totaling $6.7 billion. The rating affirmation and Stable Rating Outlook reflect established master servicing practices, continued support for the platform, consistent Reg AB and USAP results and the financial condition of the company. The `RMS2' rating and Stable Rating Outlook reflect Fitch Ratings' concerns regarding portfolio runoff and low levels of incremental master servicing activity....
