LenderLive received approval as a mortgage servicer for Fannie Mae and Freddie Mac loans.
"As the servicing market continues to change and more lenders want to retain servicing, they need assistance in doing so efficiently and without strain on their internal infrastructure," said Rick Seehausen, president and CEO of LenderLive. "It is important that we continue to enhance our service offerings as the industry evolves. Being approved by both Fannie Mae and Freddie Mac positions us to better meet the needs of our current and prospective customers."
LenderLive is an end-to-end mortgage services provider. It additionally operates four other division in addition to mortgage servicing. Those divisions are origination services, conduit services, settlement services and document services and loan servicing.
The company recently expanded its offices in Denver and Troy, Mich.
A third Denver location is being added to accommodate further staff and infrastructure expansion.