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LoanCare® Secures Fitch Rating for Second Lien Products
April 15, 20243 min
LoanCare®, LLC, a top U.S. mortgage subservicer, announced that Fitch Ratings has assigned the company the U.S. residential primary servicer for specialty Closed-End Second Lien products rating of RPS2+; Outlook Stable. In addition, Fitch affirmed LoanCare’s U.S. residential primary servicer for Prime product and specialty subservicer ratings at RPS2+ in 2023, reflecting the company’s strong focus on advancing processes and providing subservicing excellence. The rating validates LoanCare’s comprehensive understanding of the complexities involved in servicing...