...S&P Global Ratings' rankings on Specialized Loan Servicing LLC (SLS) are STRONG as a residential mortgage primary, subprime, special, and subordinate-lien loan servicer. On Nov. 2, 2022, we raised these rankings on SLS to STRONG from ABOVE AVERAGE (see Specialized Loan Servicing LLC Servicer Rankings Raised to STRONG; Ranking Outlooks Stable published Nov. 2, 2022). As part of the ranking action, we raised our loan administration subrankings to STRONG from ABOVE AVERAGE and affirmed our management and organization subrankings as STRONG. The ranking outlook on each ranking is stable. Our rankings reflect: + SLS' experienced management and staff, with manageable overall turnover levels. + The Computershare Loan Services (CLS) enterprise compliance management system and governance framework designed at the enterprise level and uniformly cascaded to SLS. + CLS' enterprise-level direct oversight and support of key control functions, such as vendor management, information technology (IT), complaint...
