STRONG Rankings On Securitisation Services Affirmed As Master Servicer Of Unsecured And Secured Loans In Italy - S&P Global Ratings’ Credit Research

STRONG Rankings On Securitisation Services Affirmed As Master Servicer Of Unsecured And Secured Loans In Italy

STRONG Rankings On Securitisation Services Affirmed As Master Servicer Of Unsecured And Secured Loans In Italy - S&P Global Ratings’ Credit Research
STRONG Rankings On Securitisation Services Affirmed As Master Servicer Of Unsecured And Secured Loans In Italy
Published Feb 05, 2015
3 pages (1166 words) — Published Feb 05, 2015
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We have affirmed our overall STRONG rankings on Securitisation Services as a master servicer of asset finance, residential mortgages, and commercial loans in Italy. The outlook is stable. Securitisation Services' master servicing portfolio reached a new peak in 2014. Since December 2014, the servicer has been a subsidiary of Banca Finint. LONDON (Standard&Poor's) Feb. 5, 2015--Standard&Poor's Ratings Services has affirmed its overall STRONG rankings on Securitisation Services SpA as a master servicer of asset finance, residential mortgages, and commercial loans in Italy. Our rankings reflect our assessment of the company's operations based on the major ranking factors in our criteria (see "Related Criteria"). MAJOR RANKING FACTORS In December 2014, Banca Finint SpA was established under

  
Brief Excerpt:

...OVERVIEW + We have affirmed our overall STRONG rankings on Securitisation Services as a master servicer of asset finance, residential mortgages, and commercial loans in Italy. + The outlook is stable. + Securitisation Services' master servicing portfolio reached a new peak in 2014. Since December 2014, the servicer has been a subsidiary of Banca Finint. LONDON (Standard & Poor's) Feb. 5, 2015--Standard & Poor's Ratings Services has affirmed its overall STRONG rankings on Securitisation Services SpA as a master servicer of asset finance, residential mortgages, and commercial loans in Italy. Our rankings reflect our assessment of the company's operations based on the major ranking factors in our criteria (see "Related Criteria"). MAJOR RANKING FACTORS + In December 2014, Banca Finint SpA was established under the Finanziaria Internazionale Group, becoming the new parent company of Securitisation Services. Consequently, we expect tighter surveillance from the central authorities. + As in previous...

  
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. "STRONG Rankings On Securitisation Services Affirmed As Master Servicer Of Unsecured And Secured Loans In Italy" Feb 05, 2015. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/STRONG-Rankings-On-Securitisation-Services-Affirmed-As-Master-Servicer-Of-Unsecured-And-Secured-Loans-In-Italy-1382835>
  
APA:
S&P Global Ratings’ Credit Research. (). STRONG Rankings On Securitisation Services Affirmed As Master Servicer Of Unsecured And Secured Loans In Italy Feb 05, 2015. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/STRONG-Rankings-On-Securitisation-Services-Affirmed-As-Master-Servicer-Of-Unsecured-And-Secured-Loans-In-Italy-1382835>
  
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