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Fitch Affirms CitiMortgage's Residential Servicer Ratings.

Publication: Business Wire
Publication Date: 08-DEC-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Fitch Ratings affirms CitiMortgage Inc.'s (CMI) residential primary servicer ratings of 'RPS1' for prime and Alt-A products, 'RPS1-' rating for subprime product, and its 'RMS1' residential master servicer rating. In addition, Fitch assigns CMI its 'RPS1' residential primary servicer rating for home equity/home equity lines of credit product. The primary servicer ratings reflect CMI's experienced management team, proficient loan administration procedures and controls, superior technology platform, effective default management strategies and comprehensive risk management practices. The master servicer rating is based on CMI's extensive master servicing experience, strong portfolio...



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