Charlotte, NC-based MortgageRamp yesterday added Fitch's financial commitment to those by Standard & Poor's and Moody's Investor Services. "Fitch understands the increasingly large role that technology will play in the commercial real estate market," says Janet Price, group managing director of Fitch.
MortgageRamp provides Web-based turnkey solutions for brokers, financial institutions and lenders. The company and its subsidiaries also offer appraisals, inspection services, underwriting and due diligence and a10-day loan closing process for private conduits.
Fitch rates more that 2,000 financial institutions and 1,000 corporations while maintaining surveillance on 3,300 structured financings and 17,000 municipal bond ratings in the US tax exempt market. Headquartered here, the agency has 40 offices worldwide.
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