Fitch Affirms DB Mortgage Services’ CMBS Servicer Ratings

Ratings has affirmed DB Mortgage Services LLC's (DBMS) primary and special servicer ratings at CPS2- and CSS3, respectively. The primary servicer rating is based on the extensive primary servicing experience of the company, the strength and tenure of its management team, and the low turnover among management and staff. The special servicer rating reflects DBMS' continued ability to manage nonperforming commercial real estate loans. Both ratings consider the financial strength of parent company Deutsche Bank, rated AA- and on Rating Watch Negative by Fitch. As of June 30, DBMS was the primary servicer for 2,265 non-commercial mortgage-backed securities (CMBS) loans totaling $28.5 billion. As of the same date, DBMS was the special servicer for 46 non-CMBS loans totaling $339 million. SOURCE


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