SEP 2, 2010 1:11pm ET

S&P Admits Texas Firm to Select Servicer List

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Standard & Poor's Corp. this week added ZAIS Servicing Asset Management, Dallas, to its "Select" servicer list for firms working in the commercial mortgage specialty servicer space.

The rating agency admits a firm to the list after analyzing the company for its management, ability to service, and financial strength.

ZAIS-SAM is a subsidiary of ZAIS Group LLC of Red Bank, N.J. The parent company controls more than $8 billion in assets, including residential whole loans, ABS and MBS, commercial mortgages, and structured assets.

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