Former Countrywide VP Launches Venture Targeting Subordinate Liens
Former Countrywide executive Craig Anderson has left the mortgage banking giant to head up Plano, TX-based Infinity Lien Solutions, LLC, a start-up focused on providing products and services to the subordinate and 2nd lien mortgage market. Infinity will offer mortgage servicers a range of services targeted to managing a subordinate/2nd lien portfolio, including request for special notice filings, senior lien identification, senior lien default updates, foreclosure services, deficiency pursuit, personal judgment filings. Anderson, who previously served as vice president at Countrywide Home Loans, will be responsible for driving the growth and development of business relationships on a national basis. â€œThe creation of the new company supports the need in the mortgage banking industry to have access to data and tools necessary to better service their subordinate lien portfolio, all delivered at an effective price," he said. â€œWhen we developed our servicing platform, we listened to what the industry had to say in regards to meeting the need for quality and timeliness of information. We included robust analytical tools to assist our clients make important business decisions allowing them to focus on what is most important to them, especially given the tight financial climate that the servicing industry now finds itself.â€? For additional information, visit http://www.infinityliensolutions.com.