Bluestone Servicing ABOVE AVERAGE Prime And Subprime Residential Mortgage Loan Servicer Ranking Affirmed; Outlook Stable

MELBOURNE (S&P Global Ratings) Aug. 21, 2018--S&P Global Ratings today affirmed its ABOVE AVERAGE ranking on Bluestone Servicing Pty Ltd. and Bluestone Servicing NZ Ltd. (collectively Bluestone Servicing) in their roles as prime and subprime residential mortgage loan servicers. The outlook on the ranking is stable. A ranking is a statement of opinion and not a statement of fact. A ranking is not and should not be represented as a credit rating. The ranking reflects the companies' continued solid servicing quality. Key servicer strengths include their: Experienced management team. Strong information technology capability, with a fully integrated origination and servicing system. Comprehensive business continuity and disaster recovery plans and testing program. Well-documented policies and procedures, which are updated regularly. The

...MELBOURNE (S&P Global Ratings) Aug. 21, 2018--S&P Global Ratings today affirmed its ABOVE AVERAGE ranking on Bluestone Servicing Pty Ltd. and Bluestone Servicing NZ Ltd. (collectively Bluestone Servicing) in their roles as prime and subprime residential mortgage loan servicers. The outlook on the ranking is stable. A ranking is a statement of opinion and not a statement of fact. A ranking is not and should not be represented as a credit rating. The ranking reflects the companies' continued solid servicing quality. Key servicer strengths include their: + Experienced management team. + Strong information technology capability, with a fully integrated origination and servicing system. + Comprehensive business continuity and disaster recovery plans and testing program. + Well-documented policies and procedures, which are updated regularly. The stable outlook reflects our opinion that Bluestone Servicing will continue to be an efficient and effective prime and subprime residential mortgage loan...

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