Servicer Evaluation Seal Introduced for Select Servicer List Participants Mar 01
- ID: 2091511
- March 2001
- Standard & Poors
NEW YORK (Standard & Poor's CreditWire) March 28, 2001--Standard & Poor's today announced the global launch of its Servicer Evaluation Seal, a new and exciting program to distinguish companies that have achieved the status of Select Servicer. "The strength of a servicer is one of the important factors impacting the performance of a structured transaction," said Joanne W. Rose, executive managing director of Standard & Poor's Structured Finance Ratings group. "The seal will be a clear indication that a servicer has the resources and capabilities necessary to perform this important service." In fact, Standard & Poor's research has shown that market participants from investors to issuers to servicers themselves would welcome a way to measure excellence in the marketplace. The...
Companies mentioned in this report are:
- Australia (Commonwealth of) (Unsolicited Ratings)
- New Zealand
Action: S&P Event
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Research type: News
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