S&P develops servicer criteria for CRE CDO deals

DeRita, Megan
February 2007
Asset Securitization Report;2/19/2007, Vol. 7 Issue 7, p8
The article reports on the release of a report by Standard & Poor's Corp. that contains criteria of evaluating companies acting as servicers and special servicers in the commercial real estate collaterized debt obligations (CRE CDO) market in the U.S. The report enumerates the different servicing roles for CRE CDO transactions. Director Michael Merriam of Standard & Poor's noted that the scope of their evaluation on the operational capabilities of servicers is broadened.


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