OVERVIEW We raised our ranking on Selene Finance LP to ABOVE AVERAGE as a residential mortgage special servicer. The company continues to exhibit very good experience levels in our view. It has also hired additional experienced staff with its growing portfolio. The company enhanced its technology environment over the past year, providing better data analytics and efficiencies when initiating loan workouts. The company compares favorably with similar servicers we follow based on performance metrics provided through our proprietary Servicer Evaluation Analytical Methodology (SEAM). The outlook is stable. NEW YORK (Standard&Poor's) Jan. 23, 2012--Standard&Poor's Ratings Services today raised its ranking on Selene Finance LP (Selene) to ABOVE AVERAGE as a residential mortgage special servicer. The outlook is
