Last week\'s residential mortgage ratings actions
By SAM GARCIA
12/28/2001

Fitch rated classes of Citicorp Mortgage Securities, Inc.'s (CMSI) mortgage pass-through certificates, series 2001-18 were rated at 'AAA' to 'BBB', reflecting the level of subordination, the quality of the mortgage collateral, strength of the legal and financial structures, and CitiMortgage, Inc.'s servicing capabilities as primary servicer. The fixed-rate loans were divided into a 15- year pool and a 30-year pool. The fifteen-year pool has a weighted average original loan-to-value ratio of 59.05% and a weighted average coupon of 6.68%. The WAOLTV on the thirty-year pool is 69.21%, and the WAC is 7.03 percent.

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