Fitch Gives Bellwether a Rating Indicating ‘Proficiency’

Fitch Ratings has assigned Bellwether Enterprise Real Estate Capital LLC a commercial mortgage-backed securities primary servicer rating of CPS3+, indicating it demonstrates “proficiency in overall servicing ability.”

“The primary servicer rating reflects Fitch's assessment of the company's strong management team, appropriate internal control environment, appropriate technology platform for the size of the company's portfolio, and established servicing operations since 2008,” Fitch said.

“Additionally, the rating incorporates the company's adequate short-term financial condition.”

Fitch rates servicers on a scale of one to five on which one is the strongest rating.