In a year in which issuance in mortgage-backed securities has plummeted from previous years, many major market players are hoping to capitalize on their loan servicing platforms to increase revenue. Showcasing this trend is GMAC-Residential Funding Corp., which has become the first company to receive the rating RMS1 from Fitch, the top master servicer designation possible.

According to Bob Appel, a managing director at RFC, the company wants to use this rating to gain the attention of its investors and prove to other rating agencies that the Fitch rating was well-deserved.

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