what does the reassess risk ratings mean

Your question probably failed to get answered yet as it is not a usual loan related question most mortgage brokers/bankers would receive and not specific. There are many ways of reassessing risk and providing a rating implies someone is so providing it. From the standpoint of this mortgage planner, consultant and loan originator for a direct lender, I would look at it from my perspective:Fitch and Moody's places intense scrutiny on the comprehensiveness of the originator's or aggregator's processes, their procedures and documentation forcompliance with the ATR rule and the outcome of the pre-closingthird party due diligence review. Fitch and Moody might reassess credit rating based on their scrutiny and findings.