...S&P Global Ratings' overall rankings on Banca Finanziaria Internazionale SpA (Banca Finint) are STRONG as a master servicer of residential mortgage loans, commercial mortgage loans, and asset-backed securities (ABS) in Italy. On Oct. 15, 2024, we affirmed the rankings (see "Banca Finanziaria Internazionale SpA STRONG Master Servicer Rankings Affirmed; Ranking Outlooks Stable"). The ranking outlook is stable for all rankings. The master servicing operations under review constitute a separate department within Banca Finint's wider servicing area. Our rankings are limited to the company's master servicing capability. Banca Finint has other business lines beyond the scope of our review that we consider only if they share synergies or affect the master servicing activity under assessment. Our rankings reflect: + The support provided by Banca Finint to its master servicing department; + Steady growth in master servicing mandates to 172 in June 2024 from 159 in December 2021, with stable portfolio...
