Rankings Raised To STRONG On Zenith Service As Master Servicer In Italy; Outlook Stable - S&P Global Ratings’ Credit Research

Rankings Raised To STRONG On Zenith Service As Master Servicer In Italy; Outlook Stable

Rankings Raised To STRONG On Zenith Service As Master Servicer In Italy; Outlook Stable - S&P Global Ratings’ Credit Research
Rankings Raised To STRONG On Zenith Service As Master Servicer In Italy; Outlook Stable
Published Apr 10, 2017
5 pages (2032 words) — Published Apr 10, 2017
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We have raised to STRONG our overall rankings on Zenith Service SpA as a master servicer of residential mortgages, commercial loans, and unsecured credits in Italy. Our outlook on the rankings is stable. Established in 1999 and registered under Article 106 of the Italian Banking Act, we have ranked Zenith as a master servicer since 2004. LONDON (S&P Global Ratings) April 10, 2017--S&P Global Ratings has today raised to STRONG its overall rankings on Zenith Service SpA as a master servicer of residential mortgages, commercial loans, and unsecured credits in Italy. At the same time, we revised our outlook on the rankings to stable. Zenith was established as an independent company in November 1999. Registered under Article 106 of

  
Brief Excerpt:

...OVERVIEW + We have raised to STRONG our overall rankings on Zenith Service SpA as a master servicer of residential mortgages, commercial loans, and unsecured credits in Italy. + Our outlook on the rankings is stable. + Established in 1999 and registered under Article 106 of the Italian Banking Act, we have ranked Zenith as a master servicer since 2004. LONDON (S&P Global Ratings) April 10, 2017--S&P Global Ratings has today raised to STRONG its overall rankings on Zenith Service SpA as a master servicer of residential mortgages, commercial loans, and unsecured credits in Italy. At the same time, we revised our outlook on the rankings to stable. Zenith was established as an independent company in November 1999. Registered under Article 106 of the Italian Banking Act, it is subject to the Bank of Italy (BOI) surveillance activity. It has a head office in Milan and a second office in Rome. From these, it manages and oversees securitized and non-securitized loan portfolios as a servicer. It...

  
Report Type:

Ratings Action

Issuer
Zenith Service SpA
Sector
Structured Finance
Country
Italy
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Rankings Raised To STRONG On Zenith Service As Master Servicer In Italy; Outlook Stable" Apr 10, 2017. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rankings-Raised-To-STRONG-On-Zenith-Service-As-Master-Servicer-In-Italy-Outlook-Stable-1829189>
  
APA:
S&P Global Ratings’ Credit Research. (). Rankings Raised To STRONG On Zenith Service As Master Servicer In Italy; Outlook Stable Apr 10, 2017. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rankings-Raised-To-STRONG-On-Zenith-Service-As-Master-Servicer-In-Italy-Outlook-Stable-1829189>
  
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