Fitch Rates Towd Point Mortgage Trust 2016-5

NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns ratings to Towd Point Mortgage Trust 2016-5 (TPMT 2016-5) as follows: –$349,522,000 class A1 notes ‘AAAsf’; Outlook Stable; –$35,278,000 class A2 notes ‘AAsf’; Outlook Stable; –$30,936,000 class M1 notes ‘Asf’; Outlook Stable; –$27,136,000 class M2 notes ‘BBBsf’; Outlook Stable; –$23,338,000 class B1 notes ‘BBsf’; Outlook Stable; –$19,538,000 class B2 notes ‘Bsf’; Outlook Stable. The following classes will not be rated by Fitch: –$14,654,0