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New York -- Fitch Ratings has affirmed the primary servicer rating of Irwin Home Equity Corp. for the servicing of home-equity lines of credit and high loan-to-value ratio loans.
Fitch said the "RPS2" ratings are based on Irwin's "experienced and tenured management team, solid technology platform, and tightened procedures and controls."
Irwin Home Equity is a subsidiary of Irwin Union Bank and Trust, which in turn is a subsidiary of Irwin Financial Corp. Irwin Home Equity, based in San Ramon, Calif., serviced 61,600 loans as of March 31 with ...