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Home » Store » News » Fitch Emphasizes Servicing in Updated Rating Criteria for Subprime Mortgage Securitizations

Fitch Emphasizes Servicing in Updated Rating Criteria for Subprime Mortgage Securitizations

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Changes in the subprime mortgage market have led Fitch IBCA to revise the criteria it uses to rate securities backed by high-risk loans. The new framework is most likely to benefit companies with strong servicing shops. "Over the last several years, many of the players in the subprime market have been plagued with many problems," Fitch said in its March 16 report. "The current
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