Fitch affirms AMCO’s special servicer ratings
FITCH AFFIRMS AMCO’S SPECIAL SERVICER RATINGS
Milan, 2 August 2022. AMCO announces that today Fitch Ratings has affirmed AMCO’s commercial, residential and asset-backed special servicer ratings to ‘CSS2’, ‘RSS2’, ‘ABSS2’ with stable outlooks.
According to Fitch, the ratings reflect AMCO’s demonstrated strong overall servicing ability, stable operating history and focused growth strategy sustained by future investments in staff and technology to support portfolio growth.
Among other things, Fitch valued the set-up of a dedicated special partnership and servicer Division (SP&S) as well as the development of a new interactive dashboard ensuring data consistency and leading to improvements in quality controls and reporting.
For more information, please see Fitch’s press release available at www.fitchratings.com.
