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Home » Store » News » Fitch Ratings Renews Efforts to Closely Review PO ARMs, Warns Servicers to be Ready for Resets

Fitch Ratings Renews Efforts to Closely Review PO ARMs, Warns Servicers to be Ready for Resets

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Fitch Ratings has reinvigorated its scrutiny of payment option adjustable-rate mortgages now that many borrowers who have them face resets, reported Kathleen Tillwitz, senior director. “You have hundreds of thousands of borrowers who have been making payments and then are...
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