OVERVIEW We affirmed our ABOVE AVERAGE servicer rankings on Specialized Loan Servicing LLC as a residential subprime, subordinate-lien, and special mortgage loan servicer. The rankings reflect our view of the company's management, internal controls, risk management, training, and demonstrated default management expertise. The company has grown its portfolio over the past year by increasing its number of third-party servicing contracts, and the company continue to expand its mortgage servicing portfolio as we expect the company to continue growing through opportunities with government-sponsored enterprises and third-party clients. NEW YORK (Standard&Poor's) June 25, 2010--Standard&Poor's Ratings Services' today affirmed its ABOVE AVERAGE overall rankings for Specialized Loan Servicing LLC (SLS) as a residential subprime, subordinate-lien, and special mortgage loan
