Ranking Affirmed As ABOVE AVERAGE On FBS As A Special Servicer In Italy Following Review - S&P Global Ratings’ Credit Research

Ranking Affirmed As ABOVE AVERAGE On FBS As A Special Servicer In Italy Following Review

Ranking Affirmed As ABOVE AVERAGE On FBS As A Special Servicer In Italy Following Review - S&P Global Ratings’ Credit Research
Ranking Affirmed As ABOVE AVERAGE On FBS As A Special Servicer In Italy Following Review
Published Dec 16, 2015
4 pages (1699 words) — Published Dec 16, 2015
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

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

  
Brief Excerpt:

...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....

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Ranking Affirmed As ABOVE AVERAGE On FBS As A Special Servicer In Italy Following Review" Dec 16, 2015. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Ranking-Affirmed-As-ABOVE-AVERAGE-On-FBS-As-A-Special-Servicer-In-Italy-Following-Review-1553134>
  
APA:
S&P Global Ratings’ Credit Research. (). Ranking Affirmed As ABOVE AVERAGE On FBS As A Special Servicer In Italy Following Review Dec 16, 2015. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Ranking-Affirmed-As-ABOVE-AVERAGE-On-FBS-As-A-Special-Servicer-In-Italy-Following-Review-1553134>
  
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