Nonbank

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Fitch: Rise of nonbank servicers threatens private-label RMBS 

Sep 18, 2014By

The rise of nonbanks presents heightened risks to investors, Fitch Ratings said in a new report. “In contrast to large commercial bank servicers, most nonbank servicers, including most of the current top five, have a weaker financial profile and are currently rated non-investment grade or are not publicly rated by Fitch.”

3d rendering of a row of luxury townhouses along a street

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