Credito fondiario

Credito fondiario

An Italian term for land credit. The term corresponds to a medium-term or long-term mortgage loan.
References in periodicals archive ?
Mortgage Servicer Rankings Released on Credito Fondiario e
Servicer Evaluation: Credito Fondiario e Industriale SpA
Standard & Poor's--Standard & Poor's Ratings Services said today it assigned rankings on Credito Fondiario e Industriale SpA (Fonspa) of ABOVE AVERAGE as both a commercial and residential mortgage servicer (see list below).
SIB is owned by Morgan Stanley Real Estate Funds (MSREF) and Credito Fondiario E Industriale SpA (FONSPA).
The transaction essentially involves the purchase by the issuer of claims arising from a loan extended by Credito Fondiario e Industriale SpA ("FONSPA") to IMSER 60, an SPE owned by Telecom Italia SpA and Beni Stabili SpA.