The upgrades to RPS2+/RSS2+ for the subprime and special servicer ratings, respectively, is reflective of SLS’s servicing platform that is focused on the nuances of servicing distressed loans. The affirmation of the RPS2 ratings for Prime, Alt-A, HELOC and Second Lien products reflects the overall strength, continued developments and new functionalities for servicing its performing borrower base. All ratings take into account the servicer’s robust control environment, integrated technology and effectively managed growth.
The revision of the outlook to stable takes into account the integration of SLS into the overall Computershare Limited (Computershare) organization and the company’s ongoing investments in the servicer. For more information, visit www.fitchratings.com/site/pr/1016687