Fitch Ratings has assigned CitiMortgage Inc., St. Louis, a residential primary servicer rating of RPS1 for alternative-A product.In addition, Fitch affirmed CitiMortgage's RPS1 rating for residential primary servicing and its RMS1-minus rating for residential master servicing. The primary servicer ratings are based on the company's "seasoned and tenured management team, superior technology platform, strong default management experience, and tightened risk management policies and procedures," Fitch said. The master servicer rating is based on CitiMortgage's "continued effective performance in managing its $8.8 billion master servicing portfolio as well as the numerous efficiencies and enhanced reporting capabilities completed over the last year," the rating agency said. The ratings also reflect the financial strength of CitiMortgage's parent, Citigroup, which is rated AA-plus by Fitch.

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