21.11.2016 23:45:00
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Wells Fargo Bank, N.A. -- Moody's upgrades Wells Fargo's SQ assessment as a master servicer
New York, November 21, 2016 -- Moody's Investors Service has upgraded the Servicer Quality ("SQ") assessment for Wells Fargo Bank, N.A. ("Wells Fargo") to SQ1 from SQ1- as a Master Servicer of residential mortgage loans. The assessment is based on the company's strong reporting and remittance processes, strong compliance and monitoring capabilities and strong servicing stability.