Fitch Releases New Issue Report for CFMSI 2003-1.Business Editors NEW YORK--(BUSINESS WIRE)--July 1, 2003 Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. has issued a report on CitiFinancial Mortgage Securities, Inc. (CFMSI), series 2003-1, which closed on Feb. 27, 2003. The report provides commentary on Fitch's analysis of the transaction's collateral composition and financial structure. The report also provides an overview of CitiFinancial Mortgage Company's (CFMC CFMC Colorado Foundation for Medical Care CfMC Computers for Marketing Corporation (San Francisco, CA) CFMC California Foundation for Medical Care CFMC Cincinnati Financial Management Center CFMC Concerned Families of Maryland Coalition ) origination Origination The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property. Notes: Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real and servicing platforms, with a focus on the changes which have taken place since Citigroup Citigroup U.S. holding company formed in 1998 from the merger of Citicorp (itself a holding company incorporated in 1967) and Travelers Group, Inc. The $70 billion merger included one of the largest U.S. investment banks, Salomon Smith Barney Inc. acquired Associates First Capital Corporation to form CFMC in November of 2000. The report is available on the Fitch Ratings web site at 'www.fitchratings.com'. |
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