Fitch Reaffirms Positive Ratings for American Home Mortgage Servicing, Inc.

Dec 22, 2010, 18:32 ET from American Home Mortgage Servicing, Inc.

COPPELL, Texas, Dec. 22, 2010 /PRNewswire/ -- The independent rating agency, Fitch Ratings, today reaffirmed American Home Mortgage Servicing, Inc., (AHMSI) residential servicer ratings stating, "AHMSI has the management, staff, technology, and effective workout capabilities to manage its primary and special servicing operations."

President & CEO of AHMSI, Dave Applegate commented, "We believe that Fitch's reaffirmation of our rating is supportive of our focus on preserving our customer's dream of homeownership, and providing our investors with value-added servicing solutions and an attractive return on investment."

Based in Coppell, Texas, AHMSI is the 15th largest mortgage servicer in the country managing nearly $83 billion in loan servicing, representing approximately 430,000 customers. Since its inception, AHMSI has modified over 140,000 mortgage loans, including 14,000 under the U.S. government's Home Affordable Modification Program (HAMP). AHMSI's more than 3,000 associates work each day with the mission of helping families preserve their dream of home ownership.

Click link below to see the Fitch Ratings press release in its entirety:

SOURCE American Home Mortgage Servicing, Inc.