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LOANCARE IN THE NEWS


LoanCare's Servicer Rating Affirmed By Fitch

VIRGINIA BEACH, Va., Aug. 2, 2019 /PRNewswire/ — Fitch Ratings has affirmed its U.S. RMBS Servicer Ratings for LoanCare, a ServiceLink company, demonstrating its continued excellence as a leading mortgage subservicer.

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Parts of a Whole in Default Servicing

By Seth Welborn

With foreclosure volumes remaining historically low and the cost of servicing a real issue for many companies working within the mortgage sector, it’s more important than ever for servicers to maintain a focus on efficiency, innovation, and streamlining best practices. Perhaps most important of all, however, is one core pillar: communication. Without effective communication between all stakeholders within the mortgage servicing spectrum, none of those other target areas can hope to reach their full potential.

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LoanCare Appoints Michael Blair as Chief Administrative Officer

VIRGINIA BEACH, Va.June 6, 2019 /PRNewswire/ — Mortgage servicing veteran Michael Blair has joined LoanCare, a ServiceLink company, as Chief Administrative Officer. Blair most recently served as Chief Operating Officer at Cenlar and brings more than 30 years’ experience in the mortgage industry with a focus on servicing, default, and loss mitigation.

 

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LoanCare Ratings Reaffirmed by S&P Global

S&P Global has reaffirmed Above Average ratings both as a residential mortgage primary servicer and as a residential special servicer.

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