...OVERVIEW + We have affirmed our overall ABOVE AVERAGE ranking on FBS as a special servicer of residential mortgages, commercial loans, and consumer finance credits in Italy. + Our outlook on our ranking on FBS as a special servicer is stable. + FBS is an independent special servicer working on several asset classes in Italy. LONDON (Standard & Poor's) Dec. 16, 2015--Standard & Poor's Ratings Services has affirmed its overall ABOVE AVERAGE ranking on FBS SpA as a special servicer of residential mortgages, commercial loans, and consumer finance credits in Italy. Our outlook on our ranking on FBS as a special servicer is stable. FBS is an independent special servicer of residential mortgages, commercial loans, and consumer credits in Italy. It mainly works on behalf of third parties, despite owning a smaller portion of the overall portfolio (accounting for less than 5%). Beyond its core servicing business, it offers consulting during due diligence in the presale phase of portfolio acquisition....