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Litton Receives Top Ratings from Fitch.(Litton Loan Servicing)(Brief Article)

Mortgage Servicing News

| April 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Litton Loan Servicing, the Houston-based subsidiary of C-BASS, has received Fitch's top ratings as a residential primary servicer for subprime and high loan-to-value ratio mortgages as well as for special servicing of troubled loans.

C-BASS specializes in servicing and securitizing delinquent residential mortgage loans. The company said it was the first time a residential servicer has received Fitch's top rank in all three categories.

Fitch said the Litton ratings "are based on the company's experienced and tenured management team, sophisticated proprietary default management technologies, and the ...

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Source: HighBeam Research, Litton Receives Top Ratings from Fitch.(Litton Loan Servicing)(Brief...

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