Report title: Bulletin: CitiMortgage Residential Servicer Rankings Unaffected By Acquisition Of Wachovia
from S&P Credit Research
330 word report published Sep 29, 2008

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Abstract: NEW YORK (Standard&Poor's) Sept. 29, 2008--Standard&Poor's Ratings Services said today that its STRONG residential prime, subprime, and master servicer rankings on CitiMortgage Inc. are unaffected by Citigroup Inc.'s recently announced purchase of Wachovia Corp.'s banking operations. Standard&Poor's will continue to monitor the situation and will take action as necessary based on any impact that a portfolio transfer may have on CitiMortgage Inc.'s servicing operations.

Brief Excerpt: RESEARCH Ratings Definitions Bulletin: CitiMortgage Residential Servicer Rankings Unaffected By Acquisition Of Wachovia Publication date: 29-Sep-2008 Servicer Analysts: Steven Frie, New York (1) 212-438-2458; steven_frie@standardandpoors.com...

Report Type: News
Ticker: 16010Z
Issuer: CitiMortgage Inc.
GICS: Thrifts & Mortgage Finance (40102010)
Sector: Asset-Backed Securities, Financial Institutions, Global Issuers, Residential MBS, Structured Finance
Country: United States
Region: United States
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