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Article: S&P Asgns Above Average Ranking to SMBC Loan Servicer.
- Article from:
- Business Wire
- Article date:
- April 11, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...