January 29, 2016
Greenville, SC (January 29, 2016) For over a century, the “Big Three” nationally recognized statistical rating organizations (NRSROs)—Fitch Ratings, Moody’s Investors Service, and Standard & Poor’s—have analyzed and rated financial-services companies. In 2015, after extensive due diligence, all three gave Shellpoint Mortgage Servicing (SMS) positive ratings for primary and special servicing of U.S. residential mortgages:
“We’re very pleased that the Big Three are recognizing us for quality,” said Michael Keaton, Executive Vice President at SMS. “We’ve invested heavily in our people, our technology, and our business efficiency—and it’s gratifying to see that the top NRSROs are acknowledging our success.”
Shellpoint is one of the largest non-bank servicers with over 1.7 million residential mortgage loans. Shellpoint has offices throughout the United States, including Greenville, South Carolina; Houston, Texas; Tempe, Arizona; and Jacksonville, Florida. Shellpoint’s clients include leading banks, loan originators, and real estate investment trusts (REITs). Shellpoint’s ongoing success is grounded in its ability to deliver superior asset performance and to develop creative and practical solutions for homeowners in need. Shellpoint is proud to be part of NewRez LLC (“NewRez”). NewRez is owned by New Residential Investment Corp. (NYSE: NRZ), a publicly traded REIT that invests in and actively manages residential real estate investments.
# # # #