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Article: S&P Asgns ABOVE AVERAGE Svcr Rnks to Italian Servicer.
- Article from:
- Business Wire
- Article date:
- July 17, 2003
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Business Editors
NEW YORK--(BUSINESS WIRE)--July 17, 2003
Standard & Poor's Ratings Services today assigned its ABOVE AVERAGE Commercial and Residential Mortgage Special Servicer rankings to Archon Group Italia/Societa Gestione Crediti (AGI), a 100%-owned owned subsidiary of The Goldman Sachs Group Inc., for the Italian market.
The assigned rankings reflect AGI's high degree of senior management depth and a professional staff that demonstrates substantial knowledge of the Italian real estate market and debt recovery process. The company maintains documented procedures for all core functions and has a well-designed technology environment that ...