Can you believe Fitch ratings for Saxon Mortgage Services Inc.?

Fitch – the ratings company – has affirmed Saxon Mortgage Services Inc. ratings. Can you believe this? It certainly goes against common logic and what is reported in the news: Fitch Ratings has affirmed Saxon Mortgage Services, Inc.’s (SMSI) U.S. residential servicer ratings as follows: –Residential primary servicer rating for subprime product at ‘RPS2+’; –Residential …