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Roundup: Walter Mortgage Added to S&P Select Servicer List.

Mortgage Servicing News

| August 01, 2007 | COPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW YORK -- Walter Mortgage Co., an indirect, wholly owned subsidiary of Walter Industries, has been added to Standard & Poor's Select Servicer List.

The Tampa, Fla.-based company noted that S&P adds firms to its servicer list only after a comprehensive review of their operational capabilities for servicing residential mortgage portfolios. The assessment includes organization, internal controls, historical portfolio performance, cash management, organizational efficiency and asset/loan administration.

"We believe this listing, coupled with recent ratings received by Fitch Ratings, is further validation of the effectiveness of our direct contact ...

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