IAS Rolls Out Investor-Specific Servicing Platform
Default management and residential collateral valuation service provider Integrated Asset Services (IAS) on Tuesday unveiled Statebridge, a new company that will focus on investor-targeted servicing for the mortgage industry. Statebridge provides risk-based servicing that aims to optimize investor performance through so-called "high-touch" servicing designed to maximize returns on both performing and non-performing loans. "Statebridge is defining a new category, 'investor-focused servicing,' for the mortgage industry," said IAS president and CEO Dave McCarthy in a company statement. "In association with IAS' valuation and REO capabilities, Statebridge will... provide a 'one-stop shop' for mortgage servicing that is intensely focused on the needs of investors that have grown out of this new mortgage environment." Write to Diana Golobay.