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Cooperative Bank Gets Rating.(Brief Article)

Mortgage Servicing News

| August 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. 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)Copyright

Fitch Ratings has assigned a primary servicer rating of "CPS1-" to National Cooperative Bank FSB, a commercial mortgage-backed securities servicer.

As well, the rating agency has rated the servicer a "CMS2-" as a master servicer.

The servicer has also earned a "CSS3" rating for its special servicing role.

These ratings "reflect NCB, FSB's experienced servicing staff and management team and its excellent use of technology," the rating agency said.

As well, the primary servicer rating reflects the servicer's experience as a CMBS primary ...

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Source: HighBeam Research, Cooperative Bank Gets Rating.(Brief Article)

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