IFIS NPL Servicing S.p.A. ABOVE AVERAGE Special Servicer Rankings Affirmed; Ranking Outlooks Stable - S&P Global Ratings’ Credit Research

IFIS NPL Servicing S.p.A. ABOVE AVERAGE Special Servicer Rankings Affirmed; Ranking Outlooks Stable

IFIS NPL Servicing S.p.A. ABOVE AVERAGE Special Servicer Rankings Affirmed; Ranking Outlooks Stable - S&P Global Ratings’ Credit Research
IFIS NPL Servicing S.p.A. ABOVE AVERAGE Special Servicer Rankings Affirmed; Ranking Outlooks Stable
Published Sep 20, 2024
3 pages (1535 words) — Published Sep 20, 2024
Price US$ 150.00  |  Buy this Report Now

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Abstract:

IFIS NPL Servicing S.p.A. is a subsidiary of IFIS NPL Investing S.p.A., which is ultimately owned by Banca IFIS S.p.A. (Banca IFIS). It manages non-performing loans and credits on the parent's and third-party clients' behalf. We affirmed our overall ABOVE AVERAGE rankings on IFIS NPL Servicing S.p.A. as a special servicer of residential mortgage loans, commercial mortgage loans, and consumer finance loans and credits in Italy. The ranking outlook is stable for all rankings. LONDON (S&P Global Ratings) Sept. 20, 2024--S&P Global Ratings today affirmed its overall ABOVE AVERAGE rankings on IFIS NPL Servicing S.p.A. (IFIS NPL Servicing) as a special servicer of residential mortgage loans, commercial mortgage loans, and consumer finance loans and credits in Italy. The ranking outlook

  
Brief Excerpt:

...- IFIS NPL Servicing S.p.A. is a subsidiary of IFIS NPL Investing S.p.A., which is ultimately owned by Banca IFIS S.p.A. (Banca IFIS). It manages non-performing loans and credits on the parent's and third-party clients' behalf. - We affirmed our overall ABOVE AVERAGE rankings on IFIS NPL Servicing S.p.A. as a special servicer of residential mortgage loans, commercial mortgage loans, and consumer finance loans and credits in Italy. - The ranking outlook is stable for all rankings. LONDON (S&P Global Ratings) Sept. 20, 2024--S&P Global Ratings today affirmed its overall ABOVE AVERAGE rankings on IFIS NPL Servicing S.p.A. (IFIS NPL Servicing) as a special servicer of residential mortgage loans, commercial mortgage loans, and consumer finance loans and credits in Italy. The ranking outlook is stable for all rankings. IFIS NPL Servicing acts as a master servicer on securitized loans as it is registered under article 106 of the Italian banking law, which places it under the Bank of Italy's surveillance....

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "IFIS NPL Servicing S.p.A. ABOVE AVERAGE Special Servicer Rankings Affirmed; Ranking Outlooks Stable" Sep 20, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/s-and-p-credit-research/IFIS-NPL-Servicing-S-p-A-ABOVE-AVERAGE-Special-Servicer-Rankings-Affirmed-Ranking-Outlooks-Stable-3253838>
  
APA:
S&P Global Ratings’ Credit Research. (). IFIS NPL Servicing S.p.A. ABOVE AVERAGE Special Servicer Rankings Affirmed; Ranking Outlooks Stable Sep 20, 2024. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/IFIS-NPL-Servicing-S-p-A-ABOVE-AVERAGE-Special-Servicer-Rankings-Affirmed-Ranking-Outlooks-Stable-3253838>
  
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