Cendant Mortgage Corp Assigned RPS2 Resi Servicer Rating.NEW YORK--(BUSINESS WIRE)--Nov. 4, 1999-- Fitch fitch: see polecat. IBCA IBCA International Braille Chess Association IBCA Institute of Burial and Cremation Administration IBCA Integrated Business Communications Alliance IBCA International Barbeque Cookers Association IBCA Department of Interior Board of Contract Appeals assigns Individuals to whom property is, will, or may be transferred by conveyance, will, Descent and Distribution, or statute; assignees. The term assigns is often found in deeds; for example, "heirs, administrators, and assigns to denote the assignable nature of Cendant Mortgage Corp. its RPS rps abbr. revolutions per second 2 Residential Primary Servicer Rating for prime and Alt A product. The RPS2 rating reflects Cendant Mortgage's strong company experience, long standing record of solid performing loan management reflected in the excellent performance of the collateral, financial strength of its parent, and comprehensive training programs. As of Sept. 30, 1999, Cendant Mortgage was the 19th largest servicer in the nation servicing over 431,400 loans with an unpaid principal balance in excess of $50.9 billion. Fitch IBCA will continue to monitor Cendant Mortgage's performance and evaluate its progress in effectively managing growth initiatives and continued investment in servicing technologies. For more information on Cendant Mortgage, see Fitch IBCA Research on "Cendant Mortgage Corp." dated June 7, 1999. Fitch IBCA rates residential mortgage primary, master, and special servicers on a scale of 1 to 5, with 1 being the highest rating. For more information on the review and rating process for servicers, see Fitch IBCA Research on "Rating Residential Loan Servicers  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. ," dated Aug. 3, 1999, available on Fitch IBCA's web site at `www.fitchibca.com'. |
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