15.12.2012 01:36:00
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EverBank -- Moody's Assesses EverBank As A Strong Originator of Prime Jumbo Residential Mortgage Loans
New York, December 14, 2012 -- Moody's overall 'Strong' assessment of EverBank is based on several underlying components. Moody's assessment was based on a review of the loan performance for all jumbo loans EverBank originated between 1 September 2010 and 31 August 2012; EverBank's originator ability which, among other things, includes analyzing its underwriting guidelines, its ability to accurately and objectively assess property value and its ability to close loans in accordance with laws and regulations. Moody's review also takes into account EverBank's financial strength and support functions to determine its originator stability.