Getting The GSE’s Seal Of Approval

*Getting The GES’s Seal Of Approval*
**By Tony Garritano**

***In keeping with our tradition, I like to tell you about unique partnerships. I think companies partnering is significant because it usually leads to a better technology solution for lenders. In this case, LenderLive Network Inc., a domestic-based, end-to-end mortgage services provider, recently received approval as a Fannie Mae and Freddie Mac servicer. With this approval, the company is now eligible to service Freddie Mac and Fannie Mae 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’s loan servicing division is one of the company’s five divisions: origination services, conduit services, settlement services, document services and loan servicing. The company recently expanded its offices in Denver and Troy, Mich., to accommodate an increased demand for the company’s services and to position it for continued growth. A third Denver location is being added to accommodate further staff and infrastructure expansion.

Tony Garritano

Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.