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Article: Fitch Assigns Indymac Federal Bank Resi Servicer Ratings; On Watch Evolving.
- Article from:
- Business Wire
- Article date:
- August 13, 2008
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NEW YORK -- Fitch Ratings assigns the following residential servicer ratings to IndyMac Federal Bank, FSB (Indymac Federal Bank):
--Residential primary servicer rating for Alt-A product 'RPS3'
--Residential primary servicer rating for subprime product 'RPS3'
--Residential primary servicer rating for prime product 'RPS3'
--Residential Special servicer rating 'RSS3'
The ratings are placed on Rating Watch Evolving.
On July 11, 2008, following its closure of Indymac Bank, FSB the Office of Thrift Supervision (OTS) chartered Indymac Federal Bank and appointed the FDIC as conservator. The rating actions reflect the ...