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LoanCare Servicing Upgraded.(Brief article)

Mortgage Servicing News

| May 01, 2006 | COPYRIGHT 2006 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

New York -- Fitch Ratings has upgraded LoanCare Servicing Center's residential primary servicer rating to "RPS3" from "RPS3-" citing LoanCare's capable management team, effective loan administration procedures and improved formal training program for the upgrade. The ratings also reflect the strengths of LoanCare's parent, LandAmerica Financial Group.

At the end of last year, LoanCare ...

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