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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

  • Published: 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 READ MORE >

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

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