WaMu Bank Assigned Servicer Ratings

Published May 05, 2003, 2:00 p.m. EDT

1 Min Read

Fitch Ratings has assigned primary, master, and special servicer ratings to Washington Mutual Bank FA for its servicing of commercial mortgage-backed securities.The ratings were as follows: primary servicer, CPS3-plus; master servicer, CMS3; and special servicer, CSS3. Fitch said the ratings reflect "the experienced servicing staff and the solid experience of the management team." Master and primary servicer functions are handled by the bank Specialty Finance Group's recently formed National Commercial Operations Center in Coppell, Texas. Fitch rates commercial mortgage servicers on a scale of 1 to 4, with 1 being the highest rating. The rating agency can be found online at http://www.fitchratings.com.

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