Last week, Fitch Ratings warned CMBS special servicers against engaging in opportunistic servicing.

The release said that Fitch is concerned when a special servicer, based on its role in the deal, makes use of "self-serving opportunities through excessive litigation, and/or opportunistic servicing by unnecessarily transferring assets into special servicing." Fitch added that the consequences happen when bondholders are not made whole on their investment because of the unwarranted costs related to this type of servicing.

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