Fitch Withdraws Residential Credit Solutions, Inc.'s U.S. RMBS Servicer Ratings
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has withdrawn the U.S. residential primary servicer ratings and Outlooks for Residential Credit Solutions, Inc. (RCS) as follows:
--Primary servicer rating for prime product at 'RPS3+'; Outlook Stable;
--Primary servicer rating for subprime product at 'RPS3+'; Outlook Stable;
--Special servicer rating at 'RSS3+'; Outlook Stable.
Fitch has withdrawn all the ratings and Outlooks for RCS as RCS has ceased the majority of its servicing operations. Accordingly, Fitch will no longer provide ratings or analytical coverage for RCS.
The ratings withdrawal is in accordance with Fitch's criteria 'Rating Criteria for U.S. Residential and Small Balance Commercial Mortgage Servicers' and 'Rating Criteria for Structured Finance Servicers'.
Additional information is available at 'www.fitchratings.com'.
Additional Disclosures
Solicitation Status
https://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=1003665
Endorsement Policy
https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160429005942/en/
Fitch Ratings
Primary Analyst
Natasha Aikins
Director
+1-212-908-0272
Fitch
Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Secondary
Analyst
Thomas Crowe
Senior Director
+1-212-908-0227
or
Committee
Chairperson
Roelof Slump
Managing Director
+1-212-908-0705
or
Media
Relations:
Alyssa Castelli, New York, +1 212-908-0540
Email: [email protected]
Elizabeth
Fogerty, New York, +1 212-908-0526
Email: [email protected]
Source: Fitch Ratings
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- GoDaddy 2025 Global Stakeholder Impact Report: Responsible Governance & Operations | Trust & Safety
- LongPoint Announces Cash Distribution on Moat ETF
- KBRA Assigns Preliminary Ratings to OBX 2026-NQM13 Trust
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Fitch RatingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share