...- We affirmed our overall ABOVE AVERAGE rankings on Shellpoint Mortgage Servicing as a residential mortgage primary and special servicer. - Shellpoint Mortgage Servicing (a division of Newrez LLC) is a nonbank mortgage servicer based in Greenville, SC. In aggregate, it services approximately 1.68 million loans with a $316.3 billion in UPB as of Sept. 30, 2021. - The ranking outlook is stable for each ranking. DALLAS (S&P Global Ratings) Jan. 25, 2022--S&P Global Ratings today affirmed its ABOVE AVERAGE rankings on Shellpoint Mortgage Servicing (SMS) as a residential mortgage primary and special servicer. The ranking outlook is stable for each ranking. Our rankings reflect SMS': - Well-experienced senior leadership team, while middle management exhibit lower experience averages compared to peers. - Continued commitment to its range of recruiting strategies, sound new-hire training program and focus on staff development. - Solid internal control framework with multiple lines of defense that...
