Selene Finance L.P. Residential Special Servicer And Primary Servicer Rankings Affirmed; Ranking Outlooks Stable

We affirmed our overall ABOVE AVERAGE and AVERAGE rankings on Selene Finance L.P. as a residential mortgage loan special and primary servicer, respectively. As of Dec. 31, 2022, the total special and primary serviced portfolio amounts to almost 82,000 accounts representing more than $16 billion in unpaid principal balance. Its servicing sites are located in Jacksonville, Fla., Dallas, and Salt Lake City. The ranking outlook is stable for both rankings. NEW YORK (S&P Global Ratings) July 24, 2023--S&P Global Ratings today affirmed its ABOVE AVERAGE and AVERAGE rankings on Selene Finance L.P. (Selene) as a residential mortgage loan special and primary (prime) servicer, respectively. The ranking outlook is stable for both rankings. Our rankings reflect: Senior and middle managers that

...- We affirmed our overall ABOVE AVERAGE and AVERAGE rankings on Selene Finance L.P. as a residential mortgage loan special and primary servicer, respectively. - As of Dec. 31, 2022, the total special and primary serviced portfolio amounts to almost 82,000 accounts representing more than $16 billion in unpaid principal balance. - Its servicing sites are located in Jacksonville, Fla., Dallas, and Salt Lake City. - The ranking outlook is stable for both rankings. NEW YORK (S&P Global Ratings) July 24, 2023--S&P Global Ratings today affirmed its ABOVE AVERAGE and AVERAGE rankings on Selene Finance L.P. (Selene) as a residential mortgage loan special and primary (prime) servicer, respectively. The ranking outlook is stable for both rankings. Our rankings reflect: - Senior and middle managers that exhibit competitive experience levels; - A capable information technology (IT) environment that uses both vendor and proprietary applications; - An internal control environment that relies on a three-lines-of-defense...

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