Subprime Servicer's Ratings Upgraded - Mortgage Forums for Brokers and Loan Officers

Welcome to MortgageBrokerLand.com, an online community for the mortgage industry where you can join mortgage brokers, wholesale lenders, lead providers, and other industry professionals in discussions concerning today's mortgage business. To gain full access to MortgageBrokerLand.com you must register for a free account. As a registered member you will be able to:

Post loan scenarios for review by wholesale account executives and other mortgage brokers
Communicate privately with other members around the country
Establish your community reputation to take advantage of free offers from service providers

All this and more is available to you when you register for a free account. So sign up today!

If you have any problems with the registration process or your account login, please contact support.

		Mortgage Forums for Brokers and Loan Officers > Mortgage Business > Mortgage News
Subprime Servicer's Ratings Upgraded

#1 (permalink)

11-21-2008, 10:49 AM

Veronica Corningstone Veronica Corningstone is offline

Corner Window Office

Join Date: Jan 2006

Posts: 2,971

Veronica Corningstone is on a distinguished road

Subprime Servicer's Ratings Upgraded

Fitch Ratings announced an upgrade to Carrington Mortgage Services LLC's residential primary servicer rating for subprime loans. The upgrade reflects Carrington's effective loan administration, improved control environment and focused default management practices. Fitch noted that since its last review, an internal audit program has been established, policies and procedures have been re-written and critical systems have been backed up.

More...

« Over 500 Wholesale Citi Employees Spared Layoffs | No. 20 Goes Down »

Thread Tools
Show Printable Version Email this Page

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are Off Forum Rules

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Subprime Ratings Slammed	Veronica Corningstone	Mortgage News	0	11-13-2008 08:24 PM
Subprime Ratings Slaughtered	Veronica Corningstone	Mortgage News	0	04-17-2008 08:18 PM
Subprime bond ratings to be slashed (CNNMoney.com)	Ron Burgundy	Mortgage News	0	07-10-2007 07:30 PM
Subprime Rmbs Ratings Tightened	Veronica Corningstone	Mortgage News	0	06-04-2007 06:24 AM
Subprime Servicer Upgraded	Veronica Corningstone	Mortgage News	0	10-04-2006 03:32 PM

All times are GMT -7. The time now is 06:56 PM.