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Moody's to Begin Rating Servicers.
Moody's Investors Service has started assigning formal quality ratings to servicers of residential mortgage securities transactions, the rating agency said last month.
Moody's joins Fitch and Standard & Poor's in rating servicers. Moody's said that servicer ratings have become critical to the MBS market because servicing effectiveness can have a significant effect on transaction loss levels.
The servicer quality ratings will be assigned on a scale ranging from one ...
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Source: HighBeam Research, Moody's to Begin Rating Servicers.