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WaMu's Master Rating Upheld.(Washington Mutual Mortgage Securities Corp)(Brief article)
New York -- Fitch Ratings has affirmed its "RMS2+" residential master servicer rating for Washington Mutual Mortgage Securities Corp.
Fitch said the rating is based on WaMu's ability to effectively oversee and monitor loan accounting, investor reporting, and default management of primary and special servicers. The rating also reflects the financial strength of parent Washington Mutual, which is rated "A" by Fitch.
WMMSC is based in Vernon Hills, Ill. Through its predecessors, PNC and Sears, the company has been involved in master servicing since ...
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Source: HighBeam Research, WaMu's Master Rating Upheld.(Washington Mutual Mortgage Securities...