Multiple auditing mechanisms; Good senior and middle management experience; Established history of resolving assets; Robust systems environment; and Fitting controls over default. The company set to grow significantly in future, and performance is untested. This is Standard&Poor's Ratings Services' initial review of Resurgent Mortgage Servicing. Our residential mortgage special servicer ranking for Resurgent Mortgage Servicing, part of a wholly owned subsidiary of Sherman Financial Group LLC, a privately held entity, is ABOVE AVERAGE. The outlook is stable. Although only established as a third-party servicer in 2009, Resurgent's experienced management team has capitalized on its knowledge as a captive servicer since 2000 to build a suitable servicing infrastructure designed to service both performing and distressed mortgage assets. In our
