Selene Finance L.P. ABOVE AVERAGE Residential Special, AVERAGE Prime Servicer Rankings Affirmed; Ranking Outlook Stable

We affirmed our overall ABOVE AVERAGE and AVERAGE rankings on Selene Finance L.P. as a residential mortgage loan special servicer and primary servicer, respectively. The ranking outlook is stable for the primary servicer ranking, and we revised the ranking outlook to stable from negative for the special servicer ranking. The portfolio of special serviced and primary accounts amounts to more than 42,000 loans representing $7.5 billion in unpaid principal balance. Its largest servicing site is in Jacksonville, Fla, with other locations in Houston, Dallas, and Salt Lake City. NEW YORK (S&P Global Ratings) Oct. 6, 2021--S&P Global Ratings today affirmed its ABOVE AVERAGE residential special servicer and AVERAGE primary (prime) servicer ranking on Selene Finance L.P. (Selene). The ranking outlook

...- We affirmed our overall ABOVE AVERAGE and AVERAGE rankings on Selene Finance L.P. as a residential mortgage loan special servicer and primary servicer, respectively. - The ranking outlook is stable for the primary servicer ranking, and we revised the ranking outlook to stable from negative for the special servicer ranking. - The portfolio of special serviced and primary accounts amounts to more than 42,000 loans representing $7.5 billion in unpaid principal balance. - Its largest servicing site is in Jacksonville, Fla, with other locations in Houston, Dallas, and Salt Lake City. NEW YORK (S&P Global Ratings) Oct. 6, 2021--S&P Global Ratings today affirmed its ABOVE AVERAGE residential special servicer and AVERAGE primary (prime) servicer ranking on Selene Finance L.P. (Selene). The ranking outlook is stable as a special servicer and as a prime servicer. We revised the ranking outlook as a residential special servicer to stable from negative as the company reinstated its internal audit...

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