We affirmed our AVERAGE ranking on Ocwen Loan Servicing LLC as a small balance commercial mortgage, and ABOVE AVERAGE ranking as a small balance commercial special servicer. The rankings reflect our opinion of the company's experienced management team, established and solid internal controls, and demonstrated expertise in default and asset management. We believe Ocwen continues to augment its servicing operations through initiatives that promote technology improvements, hiring practices, telephony administration, and Web site enhancements. Ocwen is an experienced small balance commercial mortgage and small balance special servicer for a variety of investors. It has demonstrated expertise in default and asset management. Ocwen promotes various operational efficiencies by establishing various operational initiatives aimed at growth and productivity. Company tenure for junior
