GMAC Commercial Gets an Upgrade

Fitch Ratings has upgraded GMAC Commercial Mortgage's master and primary loan servicer ratings.GMACCM's master servicer rating was increased to 'CMS2-plus' from 'CMS2'. It's primary servicer rating was raised to 'CPS2-plus' from 'CPS2'. Fitch said the upgrade reflects enhancements made to the company's primary servicer processes and technology improvements. The master servicer rating upgrade reflects GMACCM's ability to effectively monitor and report CMBS transactions as well as oversee primary servicers, Fitch said. Fitch also cited GMACCM's investor website as a factor in the new ratings. GMACCM currently serves as either primary or master servicer on 246 commercial mortgage-backed securities transactions with a cumulative balance of $64.5 billion.