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ABOVE AVERAGE Servicer Rankings Affirmed, Assigned For Patrimonio S.A. de C.V. Jun 07 Product Image

ABOVE AVERAGE Servicer Rankings Affirmed, Assigned For Patrimonio S.A. de C.V. Jun 07

  • Published: June 2007
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) June 29, 2007--Standard & Poor's Ratings Services today affirmed its ABOVE AVERAGE ranking on Patrimonio S.A. de C.V. (Patrimonio), a mortgage nonbank bank, as a residential loan servicer for the Mexican mortgage market. At the same time, we assigned a public ranking of ABOVE AVERAGE to the company as a construction loan servicer in the Mexican market. The outlook for the rankings is stable. The rankings are principally based on the following: -- A management team and professional staff with a high degree of industry knowledge; -- Effective organizational structure that properly segregates duties and produces optimal efficiency; -- Detailed, comprehensive, and easy to understand policies and procedures; -- Very good processes that cover collection...

Companies mentioned in this report are: Patrimonio, S.A. de C.V. S.F.O.L
Action: Affirmed
Action: New Rating
Action: Servicer Ranking

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Patrimonio, S.A. de C.V. S.F.O.L

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