...August 2, 2019 OVERVIEW - We affirmed our overall ABOVE AVERAGE ranking on Freddie Mac Multifamily Asset Management and Operations as a commercial mortgage loan master servicer. - Freddie Mac Multifamily's mission is to promote an ample supply of affordable rental housing by purchasing mortgages collateralized by apartment buildings with five or more units. - The outlook is stable. NEW YORK (S&P Global Ratings) Aug. 2, 2019--S&P Global Ratings today affirmed its ABOVE AVERAGE ranking on Freddie Mac Multifamily Asset Management and Operations (AMO) as a commercial mortgage loan master servicer. The outlook is stable. Our ranking reflects AMO's: - Experienced and tenured senior management team; - Effective and comprehensive employee training and development program; - Historically low levels of mortgage loan delinquency rates; - Integrated and effective technology systems; - Comprehensive subservicer (Seller/Servicer) oversight program; - Sound audit and control environment, albeit with a...
