Back-Up Italian Servicer Appointments Slower Than Expected
Fitch Ratings reports that the appointment of a back-up servicer in several Italian structured finance transactions in some cases has taken at least three to four months, and often up to seven months, instead of the 30 to 45 days as specified in deal documents.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast