Article: S&P Asgns Above Average Ranking to SMBC Loan Servicer.

Business Editors

TOKYO--(BUSINESS WIRE)--Standard & Poor's CreditWire

April 12, 2001--Standard & Poor's today assigned its ABOVE AVERAGE ranking with a stable outlook to SMBC Loan Servicer Co. Ltd. as a loan collector. The company, which mainly engages in collecting nonperforming loans made to individual borrowers, is the first Japanese loan collector and third Japan-based servicer to be added to Standard & Poor's Select Servicer List, following commercial loan servicer GMAC Commercial Mortgage Saiken Kanri Kaishu KK and special servicer Sakura Servicing Co. Ltd.

Standard & Poor's servicer evaluations are based on an objective and comprehensive ...






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