Fitch Ratings has affirmed (many of the) U.S. residential servicer ratings for JPMorgan Chase (JPM), but has the segment on outlook negative.
The servicer rating actions reflect enhancements to Chase’s control environment, continued investment in technology to support its mortgage servicing operations, and the company’s financial condition. Chase is rated ‘A+’ with a Stable Outlook by Fitch. A company’s financial condition is a component of Fitch’s servicer rating analysis, Fitch wrote.