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Servicer Evaluation Seal Introduced for Select Servicer List Participants Mar 01 Product Image

Servicer Evaluation Seal Introduced for Select Servicer List Participants Mar 01

  • ID: 2091511
  • March 2001
  • Standard & Poors

Abstract
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),Canada,New Zealand
Action: S&P Event

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Australia (Commonwealth of) (Unsolicited Ratings),Canada,New Zealand

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