MTAG Services LLC Asset-Backed Servicing AVERAGE Tax-Lien Ranking Affirmed; Outlook Positive

Vienna, VA – October 28, 2014 – Standard & Poor’s Ratings Services today affirmed its asset-backed servicing tax lien ranking on MTAG Services LLC at AVERAGE as a tax-lien servicer, and raised its asset administration sub ranking from AVERAGE to ABOVE AVERAGE. S&P believes MTAG demonstrates high ability, efficiency, and competence in managing its tax lien portfolio. The ranking reflects S&P’s opinion of the company’s knowledgeable and experienced management team, an effective systems environment, efficient internal controls, and a proficient tax-lien management strategy. STRENGTHS MTAG has a history of tax-lien servicing and foreclosure management and real estate owned (REO) disposition for its former parent’s portfolio, as well as third-party investors. MTAG’s key focus is on continued process improvements, capacity planning, and financial planning. MTAG continues to improve its operating and systems efficiencies.

By | 2018-06-11T20:11:15+00:00 October 28th, 2014|Company News|0 Comments