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Loan Modification

: Mortgage Lender Implode-o-Meter

Fitch Puts Entire US Residential Mortgage Servicer Space On Negative Outlook Over Fraudclosure Concerns

By Implode-Explode Heavy Industries

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``Fitch Ratings-New York-04 November 2010: Fitch Ratings has assigned a Negative Outlook for the entire U.S. Residential Mortgage Servicer ratings sector on increased concerns surrounding alleged procedural defects in the judicial foreclosure process.''

Full post as published by Mortgage Lender Implode-o-Meter on November 05, 2010 (boomark / email).

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