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Prudential Gets Master Rating.(Prudential Asset Resources)(Brief Article)
Prudential Asset Resources, Prudential Mortgage Capital's commercial loan servicing company, has been awarded a master servicer rating of 'CMS3' from Fitch Ratings.
This rating will allow PAR to report and remit to CMBS trustees, and to oversee third-party primary servicers, PAR reports.
As well, Fitch has upgraded PAR's primary servicer rating to 'CPS3+' from 'CPS3,' the company said.
Ann Hambly, CEO, PAR, said, "We're proud of the master servicer rating, which considers the solid industry experience of our management and staff, and Prudential's overall ...
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