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Home » Fitch Assigns Subprime Servicer Rating to Citadel
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Fitch Assigns Subprime Servicer Rating to Citadel

January 6, 2017
Fitch Ratings assigned a subprime servicer rating to Citadel Servicing in late December, an indication that Citadel will be involved with rated nonprime mortgage-backed securities. Citadel received an RPS3- rating with a stable outlook. Such level 3 servicers demonstrate proficiency in overall servicing ability, according to Fitch. “The servicer rating and stable outlook reflect Citadel’s experienced management team, adequate risk management practices and moderate use of technology ...
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