Servicer Evaluation: Selene Finance L.P. - S&P Global Ratings’ Credit Research

Servicer Evaluation: Selene Finance L.P.

Servicer Evaluation: Selene Finance L.P. - S&P Global Ratings’ Credit Research
Servicer Evaluation: Selene Finance L.P.
Published Feb 27, 2017
18 pages (7357 words) — Published Feb 27, 2017
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Experienced management and staff, with competitive turnover metrics; Well-developed policies and procedures; Quantitative metrics that are generally competitive with its peer group; A strengthened internal control environment through the development of additional reports and automation, which includes a centralized issue tracking system; A sound technology environment; Sound default management practices, which were augmented through the introduction of additional automation; There were some repetitive quality control (QC) findings for certain servicing areas. S&P Global Ratings' rankings for Selene Finance L.P. (Selene) are AVERAGE as a residential primary (prime) servicer and ABOVE AVERAGE as a residential special servicer. On Feb. 2, 2017, we affirmed these rankings (please see "Selene Finance LP ABOVE AVERAGE Special And AVERAGE Primary Servicer Rankings Affirmed; Outlooks Are

  
Brief Excerpt:

...A strengthened internal control environment through the development of additional reports and automation, which includes a centralized issue tracking system;...

  
Report Type:

Full Report

Issuer
Sector
Structured Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Servicer Evaluation: Selene Finance L.P." Feb 27, 2017. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Servicer-Evaluation-Selene-Finance-L-P-1806876>
  
APA:
S&P Global Ratings’ Credit Research. (). Servicer Evaluation: Selene Finance L.P. Feb 27, 2017. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Servicer-Evaluation-Selene-Finance-L-P-1806876>
  
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