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Fitch Affirms Ameriquest.(Brief Article)
Fitch ratings has affirmed Ameriquest Mortgage Co.'s "RPS2" residential primary servicer rating for subprime loans. Fitch also affirmed the company's "RSS2-minus" rating as a special servicer.
The rating agency said the affirmation reflects AMC's "continued success in managing and resolving subprime, nonperforming and subperforming residential mortgages during a period of rapid portfolio growth."
AMC, headquartered in Orange, Calif., is an originator and servicer of subprime and nonconforming home loans. As of July 31, ...
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Source: HighBeam Research, Fitch Affirms Ameriquest.(Brief Article)