MReport April 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 53 SPECIAL ADVERTISING SECTION SElENE FiNaNcE KEY PERSONNEL Joe Pensabene President and CEO Tom Donatacci EVP, Business Development Shane Leonard EVP, CIO Diane Bowser EVP, Special Servicing Operations Chuck Halko EVP, CFO STAFFING 500 Employees CONTACT INFORMATION 120 Gibraltar Road Horsham, PA 19044 Email: BusinessDevelopment@ Web: CORPORATE PROFILE Selene Finance is a residential mortgage services company with extensive experience in all aspects of mortgage loan servicing, with emphasis on specialty servicing. Selene's approach to portfolio management is high-touch—providing a full range of services that start at loan transfer and extend through the life of the loan to include technology integration, reporting, and goal-setting. Selene uses proprietary technology com- bined with unmatched customer service to propose flexible and creative servicing strategies to address the various needs of non-performing, re-performing, REO, and performing loans. Selene is a Ginnie Mae-approved issuer, and one of only two approved subservicers. COMPANY HISTORY Selene Finance was founded in 2007 to provide creative loan resolution strategies. Since inception, the company has focused on providing a flexible portfolio management approach to ensure that client goals are met and exceeded. Selene is owned indirectly by investment funds managed by two respected names in the investment management industry—Oaktree Capital Management, LP and Ranieri Partners Management. REGULATORY COMPLIANCE Selene offers a comprehensive and proactive risk management program that provides full oversight of all regulatory activities, including CFPB audits and state examinations. Selene ensures that clients are aware of changing laws and regulations, including compliance of all policies, procedures, and technology require- ments. BUSINESS LINES, SERVICES, AND PRODUCTS Selene improves the scale, quality, and economics of your servicing operations through our expertise in NPL and RPL with industry-leading loan boarding, collec- tions, loan resolution, and foreclosure and bankruptcy services. And when it comes to their all-inclusive REO process, Selene understands that clients are focused on the best financial execution—not just moving the property off their books. Selene also provides perform- ing loan servicing and selective acquisition of MSRs. GEOGRAPHICAL SCOPE AND COVERAGE AREA Selene has offices in Horsham, Pennsylvania; Houston, Texas; and Jacksonville, Florida. Selene can service in all 50 states and has approval to service Fannie Mae, Freddie Mac, Ginnie Mae, HUD, and FHL bank loans. COMPETITIVE ADVANTAGE Selene provides access and insight unmatched in the industry with their proprietary technology, SARA, which integrates seamlessly with industry standard platforms. SARA provides access to Selene's live system and all the tools and data needed to maximize each interaction with the customer. Clients can moni- tor phone calls for up to six months, receive regular, customized, loan-level data files, and navigate easily to other industry platforms. ADDED VALUE TO CLIENTS Experience: Selene's senior managers average 30 years of industry experience and the company's group managers average over 20 years of industry experience. Solutions: Selene provides creative, flexible solutions to help clients meet their unique goals. Performance: Selene consistently creates value out of loan pools deemed too challenging by previous servicers. KEYS TO YOUR SUCCESS Of course, Selene has industry leading experts managing non-performing and re-performing loans. But Selene also supports a client's entire mortgage servicing business—all product types and a variety of services throughout the life of the loan. Selene under- stands that there is no single formula for success. As such, the company is ready to offer creative solu- tions to help clients achieve the best possible results. Starting with loan transfer, to technology integration, reporting, and goal-setting, Selene delivers a proven, flexible loan servicing experience.

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