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Article: S&P Announces: Mexican Securitization Market Embarking on Servicer Specialization.
- Article from:
- Business Wire
- Article date:
- February 4, 2004
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Business Editors
NEW YORK--(BUSINESS WIRE)--Feb. 4, 2004
Standard & Poor's Ratings Services believes that the need for servicer specialization increases as securitization markets diversify to involve broader transaction structures spanning multiple asset types. Specialized servicer rolls define a more finite set of activities and responsibilities resulting in a defined and organized securitization market.
Servicers are classified by the assets they are involved with: commercial mortgage-backed securities (CMBS); residential mortgage-backed securities (RMBS); and asset-backed securities (ABS). Depending upon specific responsibilities, they can ...