AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Fitch Ratings has upgraded the residential primary servicer rating for CitiMortgage to 'RPS1' from 'RPS1-minus,' the rating agency announced.
The new rating is Fitch's highest for a servicer. Fitch said the upgrade is based on CitiMortgage's experienced management team, solid collateral performance, state-of-the-art risk management tools, comprehensive training programs, and the financial strength of its parent Citigroup, which is rated "AA-plus" by Fitch.
CitiMortgage is based in Saint Louis and has servicing sites in Saint Louis; Farmington Hills, Mich.; and Frederick, Md. As of Sept. 30, ...