OVERVIEW We affirmed our rankings on Shellpoint Mortgage Servicing as a residential primary and special servicer. Our rankings reflect our opinion of Shellpoint Mortgage Servicing's experienced management team, solid servicing performance metrics, and continued servicing platform enhancements to support portfolio growth. The outlooks for the rankings are stable. DALLAS (S&P Global Ratings) April 11, 2017--S&P Global Ratings today affirmed its ABOVE AVERAGE rankings on Shellpoint Mortgage Servicing (SMS) as a residential primary and special servicer. The outlooks for the rankings are stable. Our rankings reflect: An experienced and senior management team; Low overall turnover for management and staff; Management tenure levels in some default areas are lower, which reflect the management team additions, but the new managers have good experience