AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
New York -- Standard & Poor's and Moody's have provided master servicer ratings to U.S. Bank Corporate Trust Services, the company said.
Those ratings allow U.S. Bank Corporate Trust Services to offer master servicing on mortgage-backed securities deals, and U.S. Bank said the expanded product offering reiterates the company's commitment to the MBS business.
As a master servicer, U.S. Bank will be responsible for trustee reports and for overseeing third-party primary servicers on the deals.
Diane Thormodsgard, president of U.S. Bank Corporate Trust Services, said the company is a strong player in the MBS and asset-backed sectors. "We are excited to add master ...