OVERVIEW We assigned our ABOVE AVERAGE ranking to Specialized Loan Servicing LLC (SLS) as a residential mortgage primary servicer and affirmed our ABOVE AVERAGE rankings on SLS as a residential mortgage subprime, special, and subordinate-lien servicer. The ranking actions reflect the company's experienced and knowledgeable management team and staff with solid internal controls. The outlooks for all four rankings are stable. NEW YORK (Standard&Poor's) Aug. 26, 2015--Standard&Poor's Ratings Services' today assigned its ABOVE AVERAGE ranking to Specialized Loan Servicing LLC (SLS) as a residential mortgage primary servicer. At the same time, we affirmed our ABOVE AVERAGE rankings on SLS as a residential mortgage subprime, special, and subordinate-lien servicer. We also assigned a STRONG subranking for management