LoanCare LLC ABOVE AVERAGE Primary And Special Servicer Rankings Affirmed; Outlooks Are Stable

OVERVIEW We affirmed our ABOVE AVERAGE rankings on LoanCare LLC as a residential primary and special servicer. The outlooks for both rankings are stable. Our rankings reflect the company's generally fine quantitative metrics, an improving internal control environment, satisfactory systems, and well-developed policies and procedures. NEW YORK (S&P Global Ratings) June 2, 2017--S&P Global Ratings today affirmed its ABOVE AVERAGE rankings on LoanCare LLC as a residential primary (prime) and special servicer. The outlook is stable for both rankings. Our rankings reflect: Sound senior and middle management experience levels, along with low turnover; Internal controls were further strengthened through the establishment of the company's own internal audit (IA) function and a compliance integration unit, in addition to other existing mechanisms

...OVERVIEW + We affirmed our ABOVE AVERAGE rankings on LoanCare LLC as a residential primary and special servicer. + The outlooks for both rankings are stable. + Our rankings reflect the company's generally fine quantitative metrics, an improving internal control environment, satisfactory systems, and well-developed policies and procedures. NEW YORK (S&P Global Ratings) June 2, 2017--S&P Global Ratings today affirmed its ABOVE AVERAGE rankings on LoanCare LLC as a residential primary (prime) and special servicer. The outlook is stable for both rankings. Our rankings reflect: + Sound senior and middle management experience levels, along with low turnover; + Internal controls were further strengthened through the establishment of the company's own internal audit (IA) function and a compliance integration unit, in addition to other existing mechanisms such as quality control (QC) reviews and a Statement on Standards for Attestation Engagements No. 16 (SSAE 16) examination;...

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