OVERVIEW We assigned ABOVE AVERAGE rankings to Resurgent Mortgage Servicing as a residential mortgage servicer and special servicer. The company, formerly a captive servicer for the parent entity, has a historical track record of resolving assets. Resurgent is planning to grow significantly in 2013 to capitalize on its special servicing expertise. NEW YORK (Standard&Poor's) Jan. 10, 2013--Standard&Poor's Ratings Services today assigned its ABOVE AVERAGE rankings to Resurgent Mortgage Servicing (Resurgent) as a residential mortgage servicer and special servicer. The outlook is stable. The rankings reflect the company's experienced management, multiple auditing mechanisms, good systems, and stable servicing infrastructure. MAJOR RANKING FACTORS Strengths: Multiple auditing mechanisms Good senior and middle management experience Established history of resolving assets
