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Fitch Ratings has placed the following U.S. residential mortgage servicer ratings of GMAC Mortgage LLC on Rating Watch Negative:

Bank Ratings Cuts Are a Lasting Risk

Posted by mortgage 57 days ago (Editorial)
Watch for a Moody's downgrade to stall a 2012 bank sector rally.
Fitch Ratings has affirmed the following U.S. residential mortgage servicer ratings for GMAC Mortgage LLC as follows (These servicer ratings formerly were under the name of
TAMPA, Fla. , Jan. 13, 2012 /PRNewswire/ --
Fitch Ratings takes the following rating actions on the U.S. residential servicer ratings for Carrington Mortgage Services, LLC

Residential Capital credit ratings downgraded

Posted by mortgage 193 days ago (Editorial)
The credit rating of home mortgage provider Residential Capital LLC was downgraded Friday by Fitch Ratings to reflect what the analysts say is deterioration in the company's operating performance and uncertain future financial support from its parent company Ally Financial Inc.
The U.S. Justice Department is probing Moody?s Investors Service and Standard & Poor?s over ratings of mortgage-backed securities, according to three former employees who said they were interviewed by investigators.
The Justice Department is probing Moody?s Investors Service and Standard & Poor?s over ratings of mortgage-backed securities, according to three former employees

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Mortgage How to Get is an informational resource about mortgage news and information.