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HomEq Affirmed at Top Rating.(Brief Article)
Fitch Ratings has affirmed its top rating designations for HomEq Servicing Corp.
HomEq continues to receive a "RPS1" rating for servicing alt-A and subprime mortgage loans. It also receives an
"RSS1" rating as a special servicer.
In both cases, it is Fitch's highest rating designation.
In addition to strong servicing and collection practices, Fitch said the financial strength of HomEq's parent, Wachovia Corp., also played a role in the ratings.
Headquartered in Sacramento, Calif., HomEq has continued its commitment ...
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