Japan is the largest and most mature servicer market in Asia with both the highest number of servicers generally and the highest number ranked by international rating agencies. Therefore, as the systems and procedures of the Group's regional offices are based on the Capital Servicing model, the rating for Capital Servicing may be viewed as a proxy for the other Capital Services Group servicing operations.

Capital Servicing Co., Ltd. has the highest issued Fitch special servicer rating in Asia of CSS1-. Capital Servicing is also highly rated as a commercial loan primary servicer and residential loan primary servicer by S&P, having been awarded ratings of “Above Average” with “Stable Outlook” in both fields.

To view the original rating agency reports click on the images below.

Commercial Special Servicer

• The Fitch scale for Commercial Special Servicers (CSS) is from one to five (with a "one" being the highest). Each ranking can have a plus or minus.
   
• Standard & Poor's use a five point scale from "Strong" to "Weak", with "Above Average" being the second highest ranking.