Costs up, profits down: Closing a mortgage gets more expensive

Costs up, profits down: Closing a mortgage gets more expensive

In just one quarter the profit dropped $153 per loan

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LenderLive Network, Inc.

Company Profile

Lender Live

Contact Information

Toll Free: 800-891-2281

Location

LenderLive Network, Inc.
710 South Ash Street
Suite 200
Glendale CO 80246
United States

LenderLive NetworkTM is a domestic-based mortgage services provider. Through its six service offerings – outsource services, correspondent lending, loan servicing, settlement services and due diligence – LenderLive offers the scale, experience and security to support its clients’ origination, servicing and loan purchase operations. From large-scale, centralized operations centers, the company provides services to financial institutions of all sizes on a national basis.

LenderLive Loan Servicing

LenderLive Loan Servicing offers compliant, high-touch private-label subservicing of performing assets, end-to-end special servicing to help optimize distressed asset resolution, and component servicing for borrower outreach, collections, default management and REO asset management.

We employ performance-based pricing and interactive discovery sessions to build servicing solutions custom-made for your business. The benefits of this strategic combination include dedicated attention to your loan portfolio, best-in-class client management with <24 hour response times and fast implementation cycles.

With LenderLive you can take the complexity out of servicing while providing your customers the attention and priority they deserve and leverage LenderLive’s deep compliance expertise to reduce risk. We are an approved seller/servicer with Fannie Mae, Freddie Mac and Ginnie Mae. Your custom servicing solution can be launched in less than 30 days, with minimal work required by your staff.

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