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» VISIT US ONLINE @ DSNEWS.COM 69 LENDER/SERVICER PROFILE Bayview Loan Servicing ONE2WATCH Sources: Standard and Poor's (9/27/2013), Moody's Investor Service (12/12/2013) Take a look inside the numbers S T A T E S S E R V I C E D * KEY TECHNOLOGY Loan Servicing System: MSP REO management: RES.NET STAT INSIGHT 19 Senior managers at Bayview Loan Servicing have an average of more than 19 years' experience in the industry. MISSION STATEMENT Mission to provide superior customer service and exceptional loan service to borrowers and investors by leveraging the knowledge and experience of executive and middle management, along with what we believe to be prudent hiring and training and appropriate system capabilities. COMPANY VITALS Headquarters: Coral Gables, Florida Phone: 305.854.8880 Online: Bayviewloanservicing.com Bayview Loan Servicing is a subsidary of Bayview Asset Management and is based out of Coral Gables, Florida. At the end of June 2013, Bayview had nearly 55,000 loans in their portfolio, the majority of which were in Florida and California. Bayview also had approximately $13.6 billion in unpaid principal balance in their portfolio at the end of Q2 2013. COMPANY'S LATEST December 30, 2013 Fitch Assigns Bayview Loan Servicing Commercial Special Servicer Rating Fitch Ratings assigns Bayview Loan Servicing, LLC a commercial special servicer rating of 'CSS3'. The rating reflects Fitch's assessment of BLS's experienced management team, well-established internal control environment, and the company's history servicing small balance commercial loans for third party clients. The special servicer rating also reflects BLS's larger balance commercial mortgage workout experience, limited but suitable technology platform, and the firm's limited controls around approvals for resolution strategies. -Businesswire January 17, 2014 HOPE NOW Alliance Now Offering Pre-Populated 4506-T Forms Several mortgage servicing members of the HOPE NOW Alliance have reached an agreement to offer pre-populated IRS 4506-T forms as part of their mortgage solutions application process. The 4506-T, also known as a "Request for Tax Transcript" form, gives a third-party permission for verification of income reported to the IRS for one to two years prior to the request. A signed and completed Form 4506-T is required on all mortgage applications per a directive from the U.S. Department of the Treasury for all Home Affordable Modification Program (HAMP) loan modifications. -National Mortgage Professional SERVICER RATINGS Standard & Poor's: Primary Servicer- STRONG >> Special Servicer- STRONG Moody's Investors Service: Special Servicer, Small Business Loans- SQ2- >> Special Servicer, Mortgages- SQ2 As of Dec 12 2013 KEY PERSONNEL David Ertel CEO Richard O'Brien President Brian Bomstein VP PORTFOLIO STATS » Volume of UPB was $13.6 billion » Loan count was 54,851 » Residential Special Loan Portfolio: 54,851 loans; $13.6B (UPB) Delinquency Rates » Total Special Servicing Delinquency Rate: 45.19% » 30-59 Days: 6.38% » 60-89 Days: 2.70% » 90+ Days: 36.11% *As of June 30, 2013 Portfolio Growth Loan Count » June 2013: 54,851 » December 2012: 43,176 Unpaid Principal Balance » June 2013: $13.6B » December 2012: $10.1B Florida, California, Texas, Illinois, New York