Fitch IBCA recently announced that it will rate Japanese servicers for asset-backed transactions, in response to the rapid growth of the domestic securitization market.

The agency will rate the experience and quality of residential and commercial mortgage servicers, as well as servicers for deals backed by performing and non-performing assets. A five-point rating scale based on Fitch's standardized benchmarking methodology will let investors compare a servicer's capability both globally and within Japan, though the ratings will be assigned in the context of the domestic market and subject to Japanese laws.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.