...- 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....