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Real Estate & Property Law

: Housing Wire

Nationstar?s Servicer Ratings Docked

By PAUL JACKSON

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Nationstar Mortgage LLC saw its primary servicer rating for subprime mortgages downgraded one notch on Thursday, with Fitch Ratings moving the Lewisville, Tex.-based servicer from #8216;RPS2#8242; to #8216;RPS2-.#8217; The rating agency#8217;s servicer rating scale runs from one to five, with one representing the best rating. Citing #8220;reduced financial flexibility resulting from overall market illiquidity,#8221; Fitch analysts [...]img src="http://feedproxy.google.com/~r/HousingWire/~4/PTcKNDoiZcA" height="1" width="1"/

Full post as published by Housing Wire on December 19, 2008 (boomark / email).

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