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GMACCM RECEIVES HIGHEST SPECIAL SERVICER RATING.


GMACCM HAS ANNOUNCED IT HAS RECEIVED an affirmation of its CSS (1) See Cascading Style Sheets.

(2) (Content Scrambling System) The copy protection system applied to DVDs, which uses a 40-bit key to encrypt the movie.
1 Commercial Mortgage Special Servicer rating from Fitch IBCA IBCA International Braille Chess Association
IBCA Institute of Burial and Cremation Administration
IBCA Integrated Business Communications Alliance
IBCA International Barbeque Cookers Association
IBCA Department of Interior Board of Contract Appeals
, Duff & Phelps. Fitch noted that it had again extended its highest rating to GMACCM based on its "highly experienced senior management team and the company's strong emphasis on technology, extensive employee training and commitment to add staff in the anticipation of rising defaults." GMACCM is currently named special servicer on 129 transactions with a balance of more than $58 billion, according to the company, and as of June 1, 2001, it was specially servicing 102 commercial mortgage-backed security Commercial mortgage-backed securities (CMBS) are a type of bond commonly issued in American security markets. They are a type of Mortgage-backed security which are backed by mortgages on commercial rather than residential real estate.  (CMBS CMBS

See: Commercial Mortgage Backed Securities
) assets totaling $642.2 million.
COPYRIGHT 2001 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

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Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 1, 2001
Words:103
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