OREANDA-NEWS. Fitch Ratings has upgraded Credito Fondiario S.p.A.'s (CF) Italian Residential and Commercial Primary Servicer Ratings to 'RPS2-' and 'CPS2-', respectively, from 'RPS3+' and 'CPS3+'.

The upgrades reflect the successful implementation of a new corporate strategy following the company's restructure in 2013, which has stabilised the business and resulted in continued and well-managed growth.