Shellpoint Mortgage Servicing - Standard & Poor's Rating Services Report 2015

October 23, 2015

Standard & Poor's Ratings Services' residential prime and special servicer rankings for Shellpoint Mortgage Servicing (Shellpoint) are ABOVE AVERAGE. On Oct. 6, 2015, we affirmed these rankings (please see "Shellpoint Mortgage Servicing ABOVE AVERAGE Residential Primary And Special Servicer Ranking Affirmed; Outlook Is Stable"). The
outlooks for these rankings are stable.

Read Shellpoint Mortgage Servicing - Standard & Poor's Ratings Services Report.