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Fitch Sees Wilshire Improving.(Brief Article)
Mortgage Servicing News
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August 01, 2003 |
COPYRIGHT 2003 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 affirmed Wilshire Credit Corp.'s residential primary servicer ratings for subprime, home equity, and high loan-to-value products of "RPS2" and its residential special servicer rating of "RSS2-plus."
Fitch said the ratings for primary servicing are based on WCC's seasoned, experienced management, extensive default management experience, expanded training programs and integrated technology.
The special servicer rating is based on WCC's ability to effectively manage and liquidate nonperforming residential mortgage loans and real estate owned ...
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Source: HighBeam Research, Fitch Sees Wilshire Improving.(Brief Article)