Fay Servicing, Llc
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- Founded in early 2008 to address challenges created by the growing housing crisis, our company is committed to providing innovative servicing solutions for both performing and non-performing mortgages.Until recently, the existing traditional mortgage servicers were adequately able to handle the mortgages under their care. The functioning premise of their servicing models was a high volume, low delinquency approach. However, in the last two years, due to many factors, residential mortgages have begun experiencing unprecedented levels of delinquency. As a direct result, many servicers quickly found themselves overwhelmed and unable to effectively manage the resulting complications.We conducted an exhaustive analysis of the existing mortgage servicing industry and gained valuable insight into the short-comings of current mortgage servicers. Realizing that even adapting an existing approach was wrought with immense challenges including legacy portfolio issues and unproductive corporate cultures, we decided to build a new model from the ground up, the focus of which would be to benefit both the homeowners and the lenders.
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Headquarters:440 South Lasalle Street , Chicago, Illinois, United States
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Phone Number: +1 312-780-0444
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Website: https://www.fayservicing.com
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Employees:441
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Revenue:$50 - 100M
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Legal Name:Fay Servicing, Llc
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| NAICS Code: 522291 |
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Frequently Asked Questions regarding Fay Servicing, Llc
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Where are Fay Servicing, Llc's Headquarters?
Fay Servicing, Llc's Headquarters are in 440 South Lasalle Street ,Chicago,Illinois,United States
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What is Fay Servicing, Llc's phone number?
Fay Servicing, Llc's phone number is +1 312-780-0444
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What is Fay Servicing, Llc's official website?
Fay Servicing, Llc's official website is https://www.fayservicing.com
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What is Fay Servicing, Llc's Revenue?
Fay Servicing, Llc's revenue is $50 - 100M
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What is Fay Servicing, Llc's NAICS code?
Fay Servicing, Llc's NAICS code is 522291
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How many employees are working in Fay Servicing, Llc
Fay Servicing, Llc has 441 employees
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What is Fay Servicing, Llc's Industry?
Fay Servicing, Llc is in the industry of Financial Services
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Who is Fay Servicing, Llc's President, Reo And Construction?
Fay Servicing, Llc's President, Reo And Construction is Glenn Brooks