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Fremont Gets B&C Rating from Fitch.(Brief Article)

Mortgage Servicing News

| May 01, 2004 | COPYRIGHT 2004 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

Fitch Ratings has assigned Fremont Investment & Loan a "RPS3-minus" residential primary servicer rating for subprime product. The rating reflects Fremont's seasoned executive and servicing management teams, sound loan administration and default management practices, and effective use of servicing technology.

In 1990, Fremont was acquired by Fremont General Corp. as a wholly owned subsidiary, and is now headquartered in Anaheim, Calif. The company specializes in residential mortgage, primarily subprime, and ...

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