|
2001
October 19 |
Establish
Company. |
|
2002
January 21 |
Obtain
Minister of Justice License No. 63 under the Servicer
Law. Begin operations on the same date. |
|
February
1 |
Asset Management
Division and Non-Recourse Loan Division start to accept
consignment of servicing. |
|
April
1 |
Establish
Retail Loan Division and begin servicing in that division. |
|
June
7 |
Obtain authorization
for side-line business operations (administrative work
for securitization schemes) from the Minister of Justice.
|
|
October
2 |
Obtain
authorization for side-line business operations (administrative
work for special purpose companies, etc.) from the Minister
of Justice. |
|
October
11 |
Shinsei
Bank's "Parkview" closes. Consign servicing
in Commercial Mortgage Backed Securitization scheme. |
|
November
29 |
Obtain a
CSS 3+ (JPN) (Full Approval) Commercial Mortgage Special
Servicer rating from Fitch Ratings. |
|
2003
January 31 |
Consign servicing for Shinsei Bank's "Shinsei Multi-Asset
Recovery Transaction (SMART)," the first NPL securitization
by a Japanese bank. |
|
February
12 |
Change
company name to Shinsei Servicing Company. |
|
March
10 |
Consign
servicing for Shinsei Bank's "HYDRA Funding Corporation
(HYDRA I)" the first multi-asset residential loan
securitization in Japan. |
|
March
31 |
Obtain an
RPS 3+ (JPN) (Full Approval) rating, the first Residential
Loan Primary Servicer rating from Fitch Ratings in Japan. |
|
July
7 |
Move the
office to the Shinsei Bank Building, at 1-8, Uchisaiwaicho
2-chome, Chiyoda-ku, Tokyo. |
|
October
31 |
Consign
servicing for Shinsei Bank's "HYDRA Funding Corporation
(HYDRA II)", the company's second multi-asset residential
loan securitization. |
|
December
|
HYDRA I
is named IFR (International Financial Review) Magazine's
Japanese Securitization Deal of the Year for 2003. |
|
December
|
Shinsei
Bank receives "IFR's Japanese Securitization House
of the Year Award for 2003" for having earned high
marks for the HYDRA I and SMART securitizations serviced
by Shinsei Servicer. |
|
2004
February 19 |
Shinsei
Bank re-lists on the Tokyo Stock Exchange, First Section.
|
|
March
5 |
Fitch Ratings
upgrades Shinsei Servicer's Commercial Mortgage Special
Servicer rating to CSS 2(JPN) (Full Approval with Noted
Strength) by 2 notches.
Fitch Ratings upgrades Shinsei Servicer's Residential
Loan Primary Servicer rating to RPS 2(JPN) (Full Approval
with Noted Strength) by 2 notches. |
|
March
15 |
Obtain
"Above Average with Stable Outlook" (the second
highest of 5 ratings) Residential Loan Primary Servicer
rating from Standard & Poor's. |
|
March
18 |
Obtain authorization
for side-line business operations (administrative work
for credit management) from the Minister of Justice. |
| March
30 |
Consign
servicing for Shinsei Bank's "HYDRA Funding Corporation
(HYDRA III) the company's third multi-asset residential
loan securitization. |
| July
30 |
Consign
servicing for Shinsei Bank's "Bueno", a residential
loan securitization. |
| September
6 |
Consign
servicing for "Cosmic Funding (securitization of
Mizuho Bank's headquarter building and Otemachi Financial
Center)" arranged by Shinsei Bank. |
| October
29 |
Consign
servicing for Shinsei Bank's "HYDRA Funding Corporation
(HYDRA IV)", the company's forth multi-asset residential
loan securitization. |
| November
18 |
Obtain authorization
for side-line business operations (consulting) from Minister
of Justice. |
2005
April
5 |
Obtain "Above Average
with Stable Outlook" (the second highest of 5 ratings)
Residential loan Primary Servicer rating from Standard&Poor's. |
| May
9 |
Fitch Ratings upgrades
Shinsei Servicer's Commercial Mortgage Special Servicer
rating to CSS2+(JPN). |
| Fitch Ratings upgrades
Shinsei Servicer's Residential Loan Pirmary Servicer rating
to RPS2+(JPN). |
| June
30 |
Consign
servicing for Shinsei Bank's "HYDRA Funding Corporation
(HYDRA V)", the company's fifth multi-asset residential
loan securitization. |
2006
February 23 |
Obtain authorization
for side-line business operations (administrative work
for when terminating leasing contracts) from Minister
of Justice. |
| March
31 |
Standard&Poor's
upgrades Shinsei Servicer's rating to "Strong with
Stable Outlook" (The highest of 5 ratings). |
| May
8 |
Fitch
Ratings affirms Shinsei Servicer's Commercial Mortgage
Special Servicer rating at CSS2+ (JPN). |
| Fitch
Ratings affirms Shinsei Servicer's Residential Loan Primary
Servicer rating at RPS2 (JPN). |
| July
18 |
Obtain
authorization for side-line business operations (administrative
work for non-recourse loan business) from Minister of
Justice. |
2007
April 3 |
Fitch
Ratings upgrades Shinsei Servicer's Commercial Mortgage
Special Servicer rating to CSS1- (JPN) (The highest of
5 ratings). |
| Fitch
Ratings upgrades Shinsei Servicer's Residential Loan Primary
Servicer rating to RPS1- (JPN) (The highest of 5 ratings). |
| April
5 |
Standard&Poor's
affirms Shinsei Servicer's Residential Primary Servicer
rating to "Strong with Stable Outlook" (The highest of
5 ratings). |
| Standard&Poor's
evaluates Shinsei Servicer's Commercial Loan Primary Servicer rating
to "Above Average with Stable Outlook". |
2008
March 24 |
Fitch ratings affirms Shinsei Servicer's Commercial Mortgage Special
Servicer rating to CSS1-(JPN) ( The highest of 5 ratings). |
Fitch ratings affirms Shinsei Servicer's Residential Loan Primary Servicer
rating to RPS1-(JPN) (The highest of 5 ratings). |
| April 1 |
Standard & Poor's evaluates Shinsei Servicer's Commercial Loan Special Servicer rating to "Strong with Stable Outlook" (The highest of 5 ratings). |
| Standard & Poor's affirms Shinsei Servicer's Residential Primary Servicer rating to "Strong with Stable Outlook" (The highest of 5 ratings). |
| Standard & Poor's affirms Shinsei Servicer's Commercial Loan Primary Servicer rating to "Above Average with Stable Outlook". |
