Experienced management and staff; Multiple levels of internal controls including a new internal audit program; A sound technology environment that was improved through purchasing other applications or enhancing existing systems; Diversified its operations to include component servicing; Quantitative metrics are generally competitive with its peers; Sound default management practices; and The fact that the company was not current on its quality control (QC) reviews, which also reflected some repetitive findings. Standard&Poor's Ratings Services' rankings for Selene Finance LP are AVERAGE as a residential primary (prime) servicer and ABOVE AVERAGE as a residential special servicer. On March 23, 2016, we affirmed these rankings (please see "Selene Finance LP Resi Special Servicer And Resi Primary Servicer Rankings Affirmed; Outlooks Revised
