Chase Gets Top Servicer Rating

Moody's Investors Service has affirmed its highest servicer quality rating for Chase Home Finance as a primary servicer of prime and subprime residential mortgage loans.The SQ1 rating reflects Chase's strong collection abilities, above average loss mitigation results, above average foreclosure and REO timeline management, and strong servicing stability, Moody's said. As of April 30, 2006, Chase serviced $474 billion of prime credit quality home loans and $76 billion of subprime mortgages. Chase has servicing sites in Columbus, Ohio; Cleveland, Ohio; Monroe, La.; and San Diego, Calif. Chase also has a customer service center in the Philippines and a Spanish-language customer service site in Costa Rica.